If you are facing a power of sale, acting quickly is critical. A private mortgage can sometimes provide the funds needed to resolve the situation.
What a power of sale means
A power of sale is a process a lender can use when a mortgage falls into default. It moves quickly, so time is of the essence.
How a private mortgage can help
Fast private financing may provide the funds to bring the existing mortgage current or refinance, helping you protect your property while you arrange a longer-term solution.
Act early and get advice
The sooner you act, the more options you are likely to have. Speak with a licensed professional and reach out to discuss your situation.
Ready to talk?
If this fits your situation, start your application or contact us and we will help you understand your options across Ontario.
This article is for general information only and is not financial, legal, or investment advice. Please consult a qualified, licensed professional before making any decision.