by Paul Tsigaris | Jun 10, 2025 | Mortgage Advice, Home Equity Loans, Mortgage Arrears, Private Mortgage, Stop Foreclosure
Every year, thousands of Canadian homeowners face the possibility of foreclosure or power of sale due to unexpected financial challenges. While Canada’s national mortgage arrears rate remains below 0.20%, that statistic doesn’t tell the full story for homeowners...
by scottm | Mar 27, 2025 | Stop Foreclosure, Mortgage Advice, Mortgage Arrears
The Serious Consequences of Missed Mortgage Payments Imagine this: You’ve been making mortgage payments on time for years, but then an unexpected financial crisis—job loss, medical emergency, or rising expenses—throws your budget into chaos. You have missed mortgage...
by scottm | Jun 28, 2024 | Mortgage Arrears, Stop Foreclosure
When it comes to owning a home, unforeseen difficulties can sometimes lead to the risk of foreclosure. In Ontario, foreclosure is a legal process that occurs when a homeowner fails to meet their mortgage obligations, and the lender seeks to recover the balance of the...
by scottm | Jun 17, 2024 | Home Equity Loans, Mortgage Advice, Mortgage Arrears, Stop Foreclosure
How to Stop Foreclosure on Second Mortgage If you need to stop foreclosure on second mortgage debt, this guide reveals the fastest strategies Canadian homeowners can use to protect their equity and keep their homes. Just like your first mortgage, a second mortgage...
