Declined by the major banks over a low credit score — a year of rebuilding, then a transfer at a stronger rate

A long-time local homeowner was approaching the end of his mortgage term and wanted to move it to a major bank for a better rate and lower monthly payments. His income was steady and he had never missed a payment, so he expected the transfer to be straightforward. Application after application came back declined. The reason turned out to be his credit score — years of how he had used credit, rather than any single event, had left it below what the major banks would accept.

A friend referred him to Guaranti. Our read was that this was not a dead end, but a problem that needed time and a plan.

We set out a credit-repair and transfer plan: a private mortgage as a bridge, alongside practical guidance on rebuilding his credit and tidying up his financial structure. Over the following year he kept to it — payments on time, credit profile steadily improving. This year the team went back to the banks, and the mortgage was moved to a major lender at a more competitive rate. Less a single approval than the payoff from a year of planning.