Don’t be alarmed by all scary information you read on the web surrounding foreclosure. There is no foreclosure in Ontario but only power of sale. As the homeowner, the most important thing you need to be aware of in case of power of sale is that you have the RIGHT to save your property by paying out your mortgage arrears (if the existing lender has an interest to continue the mortgage) or by switching to another lender. Bottom line is you CAN and have the RIGHT to STOP the power of sale.

Unlike foreclosure, no creditor has any incentive to go through power of sale if they can have it remedied by the homeowner and be paid out without any hassle. If you want your home back, we can stop the power of sale and keep you and your family in your home.

Your approval is based on equity alone. No matter what your situation: whether you have horrible credit, previous bankruptcy, consumer proposal, or were turned down by other institutions and lenders - as long as you have equity your are qualified.