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.
Finding a bad credit mortgage broker in Canada can be a daunting task. When you are in search of one when you are dealing with bad credit it can seem like it is an impossible ordeal. It is a good
Here we will go over everything you need to know about property tax arrears and the many solutions available. If you are a homeowner, you’ll already know that property taxes are a considerable expense. While you can’t avoid property taxes,
How to qualify with second mortgage lenders with bad credit? More than 1.9 million Canadians take out second mortgages to finance their homes. They’re handy for some extra funding for renovations to your home. But getting a second mortgage isn’t as easy
What you need to know about getting a private mortgage in Canada. Canadian banks and most financial institutions consider a variety of factors when approving a mortgage. Apart from ensuring that the borrower has the capacity to pay, banks also
Using home equity loans for renovation projects comes with a ton of advantages. Do you plan on selling your home in the future or Is your family growing out of your current home? Then you may have thought about getting
For many Ontario homeowners, the equity in their home is more than just a number — it’s an opportunity. Whether it’s tackling major repairs, paying off high-interest debt, or helping children with tuition, getting a home equity loan in Ontario
How to obtain a home equity line of credit with bad credit is a great question. Getting a home loan may seem like a perplexing problem if you have a bad credit history. Most banks rely on your past credit
What Is a Second Mortgage? A second mortgage is an additional loan secured against the value of your home, on top of your existing (first) mortgage. It gives you access to the equity you’ve built up without having to refinance
Thinking about the different benefits of a home equity loan vs a HELOC. 8.5 million Canadian households own their own home. They make those monthly payments to work towards complete homeownership and to build equity over time. One big advantage to
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.