One of the biggest questions Ontario homeowners face during divorce is:
👉 “What happens to the house?”
👉 “Can I keep it?”
👉 “How do I buy out my spouse?”
Good news — if there is equity in the home, you may have options.
Lendworth helps Ontario homeowners access home equity quickly during separation or divorce — even when banks say no.
Who Gets the House in a Divorce in Ontario?
In Ontario, matrimonial homes are treated differently than other assets. In most divorces, equity is divided, not necessarily the house itself.
This usually means:
The home is sold and equity is shared OR
One spouse keeps the home and buys out the other
If you want to keep the home, the key is simple:
⭐ You need access to enough equity to pay your spouse their share
This is where many people hit a wall with traditional banks.
Why Banks Often Say “No” — Even When You Can Afford It
During separation:
Income is changing
Financial stress is high
Debt may increase
Paperwork is messy
Banks hate uncertainty.
Even responsible homeowners get declined during divorce simply because they don’t fit a “perfect box” anymore.
That’s why many Ontario homeowners use private mortgage options to:
✔ Buy out their spouse
✔ Refinance quickly
✔ Stabilize their life
✔ Avoid selling their home
How a Divorce Buyout Mortgage Works
If there is equity in your home, a divorce mortgage / equity buyout can allow you to:
1️⃣ Access your home equity
2️⃣ Pay your spouse their portion
3️⃣ Keep the home in your name
4️⃣ Move forward without selling
Even if you:
❌ Have credit issues
❌ Have reduced income
❌ Recently separated
❌ Were declined by the bank
Lendworth looks primarily at the property value and available equity, not just income and credit.
Real Examples of When This Helps
We see situations like this every day:
📌 A parent wants to keep the kids in the same school
📌 One spouse wants a clean settlement without listing the home
📌 Someone needs time to rebuild financially without losing their home
📌 A homeowner is buying out a spouse but the bank declined them
If there is equity, there is likely a solution.
What You Can Use the Equity For
This type of mortgage can help with:
✔ Spousal buyout
✔ Equalization payout
✔ Legal expenses
✔ Debt consolidation during separation
✔ Re-establishing independent finances
Discreet. Fast. No judgment.
How Fast Can You Get Approved?
Many approvals are done in 24–48 hours.
We work closely with Ontario lawyers and real estate professionals to make the process smooth, private, and respectful.
FAQ — Divorce Mortgage Ontario
Can I keep the house if I’m separating?
Yes, if there is enough equity and you can access it to buy out your spouse.
Do I need perfect credit?
No. We focus heavily on equity, not just credit score.
What if the bank already declined me?
We specialize in solutions when banks say no.
Is this confidential?
Yes. Your situation is handled with absolute discretion.
Ready to Move Forward — Without Losing Your Home?
You’ve already been through enough. If keeping your home matters to you, don’t wait until it’s too late.
📞 Call 905-597-1225
📩 Email: info@lendworth.ca
🌐 Apply online: lendworth.ca
We help Ontario homeowners navigate divorce with dignity — with discreet, fast financing when it matters most.