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Mortgage Arrears: The True Costs of Falling Behind

Why Falling Behind on Payments Could Cost More Than You Think For Canadian homeowners, a mortgage is often the largest financial commitment they will ever take on. Yet, many Canadians find themselves falling behind on payments due to job loss,...

June 25, 2025

What Loan Does Not Require Proof of Income in Canada in 2025

Home Equity Loan

What Loan Does Not Require Proof of Income in Canada in 2025

If you don’t have traditional proof of income like pay stubs or T4s, you’re not out of options. Canadian lenders — especially private and alternative lenders — offer loan products that don’t require conventional income verification. Whether you’re self-employed, on...

June 23, 2025

How to Avoid Losing Your Home: 6 Early Warning Signs and What to Do About Them

Mortgage

How to Avoid Losing Your Home: 6 Early Warning Signs and What to Do About Them

How to Avoid Losing Your Home: 6 Early Warning Signs and What to Do About Them For many Canadians, homeownership represents both a personal milestone and a significant financial investment. But when life throws unexpected financial curveballs—such as job loss,...

June 20, 2025

Struggling with Mortgage Payments? 5 Solutions for Homeowners Facing Financial Hardship

Missed Payments Mortgage Uncategorized

Struggling with Mortgage Payments? 5 Solutions for Homeowners Facing Financial Hardship

Struggling with Mortgage Payments? 5 Realistic Solutions for Homeowners Facing Financial Hardship Life doesn’t always go as planned. Whether it’s job loss, rising debt, unexpected medical expenses, or a sudden economic downturn, financial hardships can happen to anyone. For many...

June 18, 2025

Power of Sale

How To Get Out of Power of Sale in Ontario: Key Insights

Facing a power of sale in Ontario can feel overwhelming, but it doesn’t mean you have to lose your home. If you’ve fallen behind on your mortgage payments and received a notice of sale, you still have options. The key...

June 16, 2025

Mortgage

Learn About Mortgage Payment Deferrals in Ontario

Mortgage payment deferrals allow Ontario homeowners to temporarily pause or reduce their payments due to financial hardship temporarily. It’s not loan forgiveness—interest continues to accrue, and the deferred amount is added to the total mortgage balance. Understanding how deferrals work...

June 13, 2025

Mortgage

Mortgage After Bankruptcy in Canada: What Homeowners Need to Know

If you’re a Canadian homeowner who has filed for bankruptcy, getting or keeping a mortgage may still be possible. While bankruptcy significantly impacts your credit, your mortgage is considered a secured debt and isn’t automatically erased. The ability to keep...

June 11, 2025

Hard Money Mortgage Lending in Canada: A Homeowner’s Guide

Uncategorized

Hard Money Mortgage Lending in Canada: A Homeowner’s Guide

What Is Hard Money Mortgage Lending? Hard money mortgage lending in Canada refers to short-term, equity-based loans used when traditional financing isn’t available. These loans are secured by real estate and rely on the value of the property rather than...

June 9, 2025

What is Home Equity and How Does It Work? Learn More 2025

Finance

What is Home Equity and How Does It Work? Learn More 2025

Home equity is the difference between your home’s market value and the amount you owe on your mortgage. It increases as you pay down your mortgage or as your home appreciates. Canadian homeowners can tap into this equity to access...

June 6, 2025