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Rising interest rates and fluctuating house prices are two of the primary reasons people end up in a power of sale or foreclosure today. Many people miss the occasional mortgage payment, and sometimes inflexible lenders will call the loan without attempting to resolve the situation. At Home Loan Direct, we believe that communication is the most important part of doing business. We will work with you and your lender to find a solution that works for everyone involved. Contact us today to learn how we can help.

 

Lending institutions go power of sale or foreclose on a property when payments are missed. Sometimes the lender will allow up to a year of missed payments without taking action, while other times they will not even tolerate a payment that is one day late. Many people today lose their homes because after missing a payment or two, their lender was unwilling to find a solution that will keep the customer in their home and get them caught up on payments.


If you're caught in a power of sale or foreclosure we can help you. One of our specialties is helping people avoid a power of sale. We will even communicate and payout your previous lender on your behalf so you can avoid the headache and go back to the finer things in life.

With sufficient equity, we guarantee we can help, whatever your situation may be. Whether it's a home renovation loan or an Interest Only to minimize payments, we will make sure you get the mortgage that works for you.

Power of Sale and Foreclosures can be embarrassing to deal with and can happen before you know it! Don't let a Power of Sale happen to you! Contact us today to start working on a solution, or fill out our online application now and get a good night's sleep tonight.

Home Loan Direct lends across Canada, specifically, but not limited to the Greater Toronto Area (GTA):

Toronto, Thornhill, Vaughan, Woodbridge, Richmond Hill, Scarborough, Etobicoke, Aurora, Newmarket, Markham, Stouffville, Unionville, Pickering, Ajax, Whitby, Oshawa, North York, East York, Oakville, Muskoka, Niagara, Guelph, Windsor, Barrie, Mississauga and Hamilton.

Other major cities in Canada include: Vancouver, Victoria, Edmonton, Calgary, Saskatoon, Regina, Ottawa, Montreal, Fredericton, Halifax and St. Johns.
 
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