Mortgage Arrears Help

Do you need help with your mortgage arrears? Are you concerned you may lose your home?  Sadly, there are lots of consumers in Canada who need help with their mortgage arrears.  Losing your job, getting laid off or having untimely expenses pop up are commonplace today because most of us live pay cheque to pay cheque.  Believe it or not, mortgage arrears are on the rise and as interest rates continue to climb, there will be an even larger influx of clients who can’t pay their mortgage.  Mortgage arrears are generally one of the last things to accumulate.  People stop paying credit card bills, then utility bills and finally the mortgage payment.  If you are in this situation, it’s time to consider securing financing to help you get your finances back on track.

 

If you are not personally able to catch up your mortgage arrears through savings, liquidating an asset or borrowing the money from family, there are still options. If you have equity in your home, mortgage arrears help is available through several methods which include:

Second Mortgage

Home Equity Loans

Home Refinancing

Whatever option you elect to pursue, it is important that you do so without hesitation and that you let your lender know that you are working on a solution. Keeping your lender in the dark or taking too much time may prompt your lender to pursue legal remedies which may include: power of sale or foreclosure. Regardless of how far behind on mortgage payments you are, Secondmortgage.ca can provide help if you have enough equity.

We can even help clients who have/are:

Not Working

On Disability

Bad Credit

Self-Employed

Owe Revenue Canada

Unfilled Income Taxes

Owe Property Taxes

Apply Online

No matter what your financial situation is or your stage of delinquency, it is important to act fast when you have mortgage arrears and consult an expert who can help you tackle your problem head on. At Secondmortgage.ca, we are equipped to help clients overcome life’s hurdles and challenges. We can even arrange to subsidize mortgage payments or provide fully prepaid mortgages for up to a year, to help individuals who are experiencing extreme financial distress. If you have mortgage arrears don’t delay, call us for a free consultation at 1-866-306-2637 or simply apply online and get the mortgage arrears help you need now!