Mortgage guidance for homeowners across Canada, with in-depth coverage of Ontario lending.
The Canadian mortgage blog at LendToday.ca exists for one reason: to give homeowners clear, practical information about the mortgage situations that banks rarely explain well. Most mortgage content online is written for people with perfect credit, steady salaried income, and no complications. That describes very few of the homeowners who come to us.
Our articles are written for the other situations. Falling behind on payments. Receiving a notice of sale. Carrying property tax arrears or debt owed to Revenue Canada. Being self-employed and hearing no from a bank that could not read the income properly. Wanting to access built-up equity without refinancing an entire first mortgage. These are the topics we write about, because these are the calls we take.
We work with homeowners across Canada through a network of more than fifty lenders, and our brokerage is licensed in Ontario. A meaningful share of what we publish covers Ontario processes in detail, because power of sale, property tax sales, and land registration are provincial matters and the rules genuinely differ from one province to the next. Where an article covers something Ontario specific, we say so plainly rather than presenting it as a national rule.
The writing here comes from working mortgage professionals rather than from a content agency. Every article is written or reviewed by someone who arranges these mortgages, which is why the guidance tends to be more direct about tradeoffs, costs, and the situations where a particular product is the wrong answer.
If you are trying to understand a specific situation rather than browse, the section below routes you straight to the right place. If you would rather talk it through with a person, a consultation is free and comes with no obligation.
Looking for something specific? Search every article, or browse by topic below.
Six of the most common reasons homeowners reach out. Each one goes straight to a page that explains the options in full.
A notice of sale starts a clock. Understanding the redemption window and what stops the process is the first step to keeping the home.
Stop a power of sale →Arrears grow quickly once legal and interest costs are added. There are options at this stage that disappear later on.
Mortgage arrears help →Equity built up in a property can be accessed without disturbing a first mortgage you want to keep in place.
Home equity loans →A low score does not close every door. Equity-based lending weighs the property and the full financial picture, not just the number.
Bad credit mortgages →Business owners and commission earners are often declined because a bank cannot read the income correctly, not because it is insufficient.
Self-employed options →Unpaid property taxes and CRA debt can both put a home at risk. Home equity is often the route to bringing them current.
Tax arrears financing →Everything we have published most recently, newest first.
Getting a mortgage can be one of the most significant financial decisions you will ever make. Landing on a decision you’re confident in can be tough, especially if you don’t have the vital information you need to make an informed
Many Canadians believe they will be financially secure and carefree once they pay off their mortgage. Even as a homeowner, you may not have the cash needed for day-to-day expenses or to do the things you want. A reverse mortgage
As Canadians reach retirement age and beyond, they often wish to remain in a familiar setting that offers comfort and security – their homes. Unfortunately, increasing living costs and rising home maintenance expenses make this more difficult for many to
When mortgage terms end, most borrowers decide to renew them. But what if a bank denies your mortgage renewal? Don’t panic – there are viable alternatives for you that we’ll cover in this article. On December 7th, the Bank of
Moving from one home to another is an exciting time for any homeowner. Unfortunately, terminating your mortgage contract before its term ends can be a challenging financial burden to overcome. However, there are options that can help! For example, transferring
Second Mortgage Calculator: How much can I borrow? In 2008 the financial market faced a crisis, and the property market was also under the crash. The thing is, the housing market did survive and many people actually came out of 2008 wealthier because
Appraisal for Refinancing | Key Insights Explained In 2020, historic low mortgage interest rates led to a 13.3% increase in mortgage renewals, amounting to $20 million in loans in Canada. Despite this opportunity, many individuals missed out on favorable rates.
There are several mortgage lenders and banks who will approve a bad credit mortgage in Ontario. Bad credit is no stranger to many Canadians—studies show that nearly 20% of Canadians have an “extreme” or “bad” credit score. This makes it
Securing a second mortgages without income proof or employment verification is more accessible than you might imagine. Facing financial constraints? Opting for a second mortgage could be the answer to ease your monetary worries. Although it might seem counterintuitive when
Our most useful in-depth articles, grouped by the situation they solve. Start with these if you are new here.
The full process from notice of default through to sale, including redemption rights and the protections homeowners hold at each stage.
Nine routes homeowners use to pause, restructure, or replace a mortgage before losing the property or the equity built up in it.
What actually happens after a missed payment, why Ontario lenders use power of sale instead of foreclosure, and where the deadlines fall.
The timelines that follow a notice of sale, the costs that accumulate, and the practical steps that can reinstate a mortgage.
What a lender can and cannot do after a missed payment, and how far behind a homeowner usually is before anything formal begins.
Why a consumer proposal deals with unsecured debt rather than a mortgage, and what keeps a home out of the process.
Financing options during a proposal and after discharge, and how lenders read a proposal on a credit file over time.
A mortgage-free home is one of the strongest positions a lender can see. Here is how to borrow against it without giving up that position.
How a revolving line differs from a lump sum advance, the equity position lenders look for, and where alternative lenders fit.
How a lender holdback structures interest upfront, who this suits, and the tradeoffs to weigh before choosing it.
What lenders want to see from self-employed, contract, commission, and gig income, and why lender choice matters more here.
Two ways a mortgage gets registered against a property, and the costs and switching limits most borrowers are never told about.
Run the numbers or look up the terminology before you call. Everything here is free to use.
Reading only takes you so far. If you want an honest read on your own situation from someone who arranges these mortgages every day, book a consultation. It is free and comes with no obligation.
Book a Free ConsultationOr call 1-855-242-7732, toll-free across Canada.