Mortgage Solutions

couple facing home foreclosure

How To Stop a Second Mortgage Foreclosure?

Defaulting on a second mortgage, which is a lien taken after your primary mortgage, can lead to significant consequences. Just like your first mortgage, a second mortgage requires timely payments. If you fall behind, the lender can deem the loan

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Private Mortgage lenders in Canada

Why to Consider a Private Mortgage Lender?

Private lending has become a significant segment of the mortgage market, offer wide range of solutions where traditional lenders may not reach. Addressing complex financial needs of borrowers and providing solution that fits individuals’ unique requirements making them different from

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Happy Couple using Reverse Mortgage in Canada

How Does a Reverse Mortgage Work in Canada?

A reverse mortgage can be a valuable financial tool for Canadian homeowners aged 55 and older, offering a way to access the equity in their homes without having to sell or move. This comprehensive guide will explain what a reverse

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women paying off tax debt in Ontario

Effective Ways to Pay Off CRA Debt Using Home Equity

Are you grappling with debt owed to the Canada Revenue Agency (CRA)? Ignoring your CRA debt can lead to serious financial repercussions, including compounded daily interest that can quickly escalate the amount you owe. However, there’s a viable solution that

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5 Proactive Steps to Avoid Foreclosure in Ontario

5 Proactive Steps to Avoid Foreclosure in Ontario

Facing the possibility of foreclosure can be incredibly stressful. However, there are several proactive steps you can follow to avoid foreclosure and maintain stability in your financial life. Whether you’re currently struggling with mortgage payments or just cautious about the

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Women facing foreclosure

How to Avoid Foreclosure in Ontario and Save Your Home

Facing foreclosure can be a harrowing experience, filled with uncertainty and stress about losing your home. The good news is, there are steps you can take to stop foreclosure and maintain homeownership. Understanding the specific processes, including ‘foreclosure’ and ‘power

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couple consolidating debt loan

When Can You Consolidate Debt into a Mortgage?

It’s no secret that being a homeowner comes with financial responsibilities, but the survey sheds light on specific challenges that existing homeowners are currently facing. One of the key findings from the survey is the increasing levels of debt among

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Tips to prevent bankruptcy in canada

4 Essential Tips to Prevent Bankruptcy in Canada

Navigating through financial troubles can often feel like steering through a storm. In Canada, where economic fluctuations can be unpredictable, managing debt effectively is crucial to maintaining one’s financial health. Before opting for bankruptcy—a choice that carries significant long-term consequences—consider

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