Being declined by TD Bank or any other major financial institution for a mortgage refinance or a home equity line of credit (HELOC) can feel like a setback—especially if you've been a loyal customer. Many homeowners are shocked when their refinancing application or...
Being denied by RBC (Royal Bank of Canada) can come as a shock—especially when you’ve built a strong relationship with the bank. Your mortgage, chequing account, and credit cards are all with them, so when it came time to refinance your mortgage or access a home...
Power of sale. Three words you never want to hear as a homeowner. Unfortunately, keeping up with your mortgage payment can be a very difficult task. Unexpected expenses like automotive repairs, sudden injuries, or changes in work circumstances can prevent borrowers...
Home equity financing allows Canadian homeowners to unlock the value in their homes to consolidate debt, cover major expenses, or stop foreclosure. With over $4 trillion in home equity across the country, this guide breaks down how home equity loans, HELOCs, and refinancing work—plus when to use them, how to qualify, and what to watch out for. Learn how to turn your home’s equity into a flexible financial solution.
Behind on your property taxes in Ontario? Don’t wait for the city to act. Learn how to stop a tax sale, avoid penalties, and use your home equity to regain control—before it’s too late
Missing a mortgage payment can feel overwhelming, but it doesn’t have to lead to foreclosure. Whether it’s due to job loss, illness, or rising living costs, many Canadians fall behind at some point. The key is acting quickly and knowing your options. In this guide, we’ll explain what happens if you miss a mortgage payment in Canada, the impact on your credit, and how to get back on track—before things spiral.
The Reality of Facing Foreclosure in Ontario Imagine this: You’ve been making mortgage payments for years, but due to unexpected financial hardship—job loss, illness, or rising costs—you’ve fallen behind. You receive a Notice of Default from your lender, and suddenly,...
The Long-Term Impact of Foreclosure on Your Credit Imagine you’ve spent years building your financial future, diligently making mortgage payments. But then, life happens—unexpected job loss, medical emergencies, or rising interest rates—and suddenly, you’ve fallen...
Did you know that mortgage brokers can help homeowners save thousands of dollars by securing the best rates and terms? Whether you’re buying your first home, refinancing, or navigating a challenging financial situation, the right mortgage broker can make a significant...
Many homeowners and potential buyers make the mistake of searching for a “mortgage broker near me” when they begin their mortgage journey. While proximity can feel like a key factor, it isn’t always the best approach when choosing a broker. The truth is that the ideal...
Introduction: Facing Separation and Financial Transition Divorce or separation is one of the most stressful life events a homeowner can face. Along with emotional challenges, there are complex financial decisions to make. One of the most significant is how to divide...
There is a growing demand for bad credit refinancing home loans as financial stressors continue rising in Canada. According to recent credit data, missed mortgage payments jumped by more than 20% in early 2024. If you’re a homeowner with bad credit, you may already be...
Falling behind on your property taxes in Canada can put your home at serious risk — in some provinces, municipalities can begin the tax sale process within a year or two of unpaid taxes. A property tax loan is one of the fastest ways to clear arrears, protect your...