by scottm | Jun 17, 2024 | Stop Foreclosure, Home Equity Loans, Mortgage Advice, Mortgage Arrears, Second Mortgages
How to Stop Foreclosure on Second MortgageShort answer: Yes, a second mortgage lender can force the sale of your home if you default, though in Ontario this is almost always done through power of sale rather than true foreclosure. You can stop it by refinancing your...
by scottm | Apr 11, 2024 | Mortgage Advice, Mortgage Broker
Are you a homeowner in Canada feeling the weight of financial pressures? You’re not alone. Many face challenges like credit card debt, property tax arrears, and unstable incomes. In these tough times, questions about mortgage payments are common. Can you pause...
by scottm | Mar 22, 2024 | Mortgage Advice, Bad Credit Mortgage, Mortgage Broker
As Canadian homeowners, managing credit card debt can feel like a never-ending battle against rising interest and overwhelming monthly payments, especially when faced with property tax arrears, mortgage arrears, or the challenge of an unstable income. But fear not!...
by scottm | Feb 6, 2024 | Mortgage Arrears, Mortgage Advice, Mortgage Broker
Missed mortgage payments? You are not alone. In fact, the number of homeowners who are facing mortgage arrears is a growing concern in our Country. Owning a home is a significant milestone, but it also comes with financial responsibilities, one of the most critical...
by brian rutherford | Sep 14, 2023 | Mortgage Arrears, Mortgage Advice, Mortgage Broker
In times of financial uncertainty or unexpected hardships, the prospect of deferring mortgage payments can offer much-needed relief. However, before considering this option, you must grasp the implications, requirements, and potential consequences. This blog examines...
by brian rutherford | Aug 10, 2023 | Stop Foreclosure, Mortgage Advice, Mortgage Arrears
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...
