The TurnedAway.ca Mortgage Blog
Straight Answers for Homeowners the Banks Turned Away
For more than 20 years we have helped Canadian homeowners use their equity to stop foreclosure, clear tax debt, consolidate high-interest balances, and get approved when the bank said no. This is where we share what we have learned, in plain language, so you can make confident decisions about your home and your finances.
Get Approved Nowor call 1-855-668-3074
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Find the guidance that fits your situation.
Home Equity Loans
Using the equity you have already built to access funds, even with bruised credit or non-traditional income.
Bad Credit Mortgages
How homeowners with low credit scores, missed payments, or collections still get approved.
Private Mortgages
When banks and B lenders say no, private lending can offer fast, equity-based solutions.
Second Mortgages
Borrow against your equity without touching your existing first mortgage or its rate.
Stop Foreclosure
Facing a power of sale or foreclosure? Learn the steps that can keep you in your home.
Debt Consolidation
Roll high-interest credit cards and loans into one manageable payment using home equity.
CRA Debt & Liens
Clear Canada Revenue Agency tax debt and remove liens before they threaten your home.
Property Tax Arrears
Behind on property taxes? Stop a tax sale and bring your account current with your equity.
Featured Guides
Our most useful reads for homeowners exploring their options.
3 Types of Reverse Mortgages in Canada Explained
Not all reverse mortgages are the same. Understanding the types of reverse mortgages available in Canada helps you choose the right structure for your age, your home, and how you want to receive your money. This guide breaks down the main types, how they differ, and a...
HELOC Rates and Fees in Canada: What to Know
Understanding how HELOC rates and fees work is the difference between signing with confidence and being surprised later. A HELOC uses your home as collateral, which makes it a useful tool for large purchases or consolidating debt, usually at a far lower rate than...
Debt Consolidation in Canada: How Does it Work?
Attaining financial stability often begins with overcoming debt burdens. In Canada, this pursuit resonates deeply as a prevailing priority. Unfortunately, managing obligations like high-interest credit cards, auto loans, and personal lines of credit becomes...
Reverse Mortgage vs HELOC: Which Is Right for You?
Weighing a reverse mortgage vs a HELOC? Both let you tap your home equity without selling, but they suit very different situations — one removes monthly payments entirely, the other gives you flexible, reusable access to cash. The right choice comes down to your age,...
Defer Mortgage Payment: How It Works & Your Options
Mortgage Relief · Ontario Can You Defer Mortgage Payment Amounts in Canada? Written by Paul Tsigaris, Mortgage Broker & Owner, TurnedAway.ca · 30+ years, $500M+ funded · Last reviewed: August 2026 If money is tight this month, you may be asking whether...
How Does a Chip Reverse Mortgage Work?
CHIP Reverse Mortgage presents a remarkable advantage: freedom from making payments, be it principal or interest, for as long as you or your spouse continue to reside in your home. Understanding CHIP Reverse Mortgages is necesIf you are a Canadian homeowner aged 55 or...
12 Alternatives to Reverse Mortgage
While reverse mortgages offer access to temporary wealth, they are primarily marketed towards seniors due to their standard terms and conditions. Several mortgage alternatives can be explored to tap into home equity effectively. In this blog post, we will explore...
How to Save Your Home from Foreclosure
Facing the threat of foreclosure is a stressful and overwhelming experience. The possibility of losing one's home can be a devastating reality that can leave individuals and families uncertain of what's next. With the right knowledge, strategies, and resources,...
What Credit History Do I Need for a Mortgage?
Getting a mortgage in Canada is the key to purchasing your own home, and with mortgage sales up by 33%, it seems that everyone is jumping on this train. However, the increased mortgage sales also mean that it's getting harder to get a mortgage. To get a mortgage,...
Turned Away by Your Bank? Let's Talk.
For more than 20 years we have helped Canadian homeowners get approved using their equity when the banks said no. There may be a solution for you too.
Get Approved Nowor call 1-855-668-3074