About Missed Mortgage Payments
Have you been turned away by your bank because of late or missed mortgage payments or are you being forced into a power of sale or foreclosure? Unforeseen expenses and situations such as job loss and illness can cause people to fall behind quickly with their mortgage putting their home in jeopardy.
Mortgage lenders don’t tolerate much deviation from the contract you signed and missing payments is the least acceptable to them. No matter what your circumstances are or your reasons for missing mortgage payments, most major lenders won’t help people who fall behind.
Legal fees can accumulate quickly if you fall too far behind with your mortgage payments and the bank can force the sale of your home through a power of sale or a foreclosure proceeding.
Being turned away by a lender when you are struggling financially can be devastating but Community Mortgage Services Corporation can help if you are facing any of these issues:
• Behind on mortgage payments
• Bank won’t renew mortgage because of poor repayment history
• Received a Power of Sale Notice
• Received a Foreclosure Notice
• Been locked out by the Sheriff
The responsibility always falls on the borrower to catch their mortgage up or face the consequences. Fortunately, there are lenders who understand life’s struggles and are willing to help. Don’t leave things to chance. Use the professionals clients have been using for the past 30+ years. We can find you a lender to redeem your mortgage, pay out your existing mortgage, help increase your cash flow and put you in a better position so you don’t end up in the same situation again.
If you are having trouble meeting your mortgage or other financial obligations we can show you how to get back on track and save your home!
We’ve helped a lot of people. See what they have to say!
Marilyn & Bob T
We can’t thank you enough for all your help with our mortgage. We were skeptical about filling out an online application but we had tried several banks and due to our credit, couldn’t find anyone to help us. Getting a call within 15 minutes of submitting our application to go over the application put my mind at ease but my husband and I were both shocked to receive a call the same day with an approval. We are still amazed at everything you did considering how difficult the banks made our situation sound. Again, from the bottom of our hearts thank you so much!
Marilyn & Bob T, Whitby Ontario.
Dave & Sharon S
My wife and I felt completely lost and didn’t know where to go after being declined by our bank of 18 years. We were so relieved once you advised us there are still lenders that value a mortgage based on merits other than just your credit rating. We had never missed a payment on our mortgage for 18 years and to hear our bank say they couldn’t help us even though we owed virtually nothing on our home was heartbreaking. We couldn’t be more grateful that you helped out two complete strangers when nobody else would.
Dave & Sharon S, Ottawa Ontario
I can’t put into words how greatful I am to you regarding coordinating all of the activities in seeing my new mortgage go through. There are several reasons for the appreciation from my side but most importantly it will allow my daughter to continue to grow up in a home and neighborhood that she has identified as being very important to her.
I owned a home for almost 15 years and faithfully renewed at my bank every 5 years. About 14 years into my mortgage my job was terminated and I was forced to rely on credit cards to keep things going. Fortunately I found work after 7 long months but by then my credit had deteriorated and my bank wouldn’t help. I called turnedaway.ca after hearing one of their radio ads and I am glad I did. They bailed me out of a bad financial situation, got rid of all my credit card debt and got me down to one manageable mortgage payment.
John C, Toronto Ontario.