According to the Canada Mortgage and Housing Corporation (CMHC), delinquencies and arrears are on the rise — a warning sign that many Canadians are struggling to keep up with higher monthly payments.
If you’re feeling the pressure, you’re not alone — and you do have options.
💡 Why Homeowners Are Refinancing With Lendworth
At Lendworth, we specialize in fast, flexible refinance and equity-take-out solutions designed to give Canadians breathing room. Whether you’re looking to lower your monthly payments, consolidate debt, or unlock home equity for cash flow, we help you stay in control of your mortgage, not the other way around.
With interest rates still higher than many expected, traditional lenders are tightening up. But Lendworth focuses on what matters most — your equity, not just your credit score. If your loan-to-value is under 80%, we can often approve your refinance within 24 hours.
🏠 The Renewal Crunch Is Real — But It’s Manageable
CMHC data shows that about two million mortgages are coming up for renewal by 2026. Many homeowners who locked in ultra-low pandemic rates are now facing steep payment jumps. Toronto condo owners, in particular, are being hit hardest — with unemployment and cost-of-living pressures compounding the strain.
This is where Lendworth steps in. We help clients across Ontario — from Toronto to Vaughan, Barrie, and Hamilton — refinance strategically before renewal dates arrive. That means avoiding payment shock, preventing delinquencies, and preserving home equity.
🔄 Refinance Smarter, Not Harder
Refinancing with Lendworth means:
✅ Flexible terms based on your property’s equity
✅ 24-hour approvals for qualified homeowners
✅ No hidden fees or surprises at closing
✅ Access to our approved appraisal network for fair, reliable valuations
✅ Personalized service from licensed mortgage professionals
Whether you need a refinance, renewal, or equity take-out, our team makes it simple — so you can focus on what matters most.
💬 Talk to Lendworth Today
Don’t wait until your renewal notice lands in your inbox. Take control now with a refinance that works for you.
📍 Lendworth
10-8750 Jane Street, Vaughan, Ontario
📞 905-597-1225
Lendworth — Canada’s direct mortgage lender helping homeowners refinance smarter, faster, and with confidence.