Mortgage Arrears in Ontario: What You Can Do Next
Missing one or two payments happens. Life gets expensive, emergencies come up, and sometimes cash flow doesn’t match the due date.
But once you're 30–90 days behind, lenders start sending warning letters — and eventually move toward Power of Sale.
Here’s what Ontario homeowners can do before things get worse.
Option 1: Bring Your Mortgage Up to Date
If the arrears are small, this is the simplest option.
But when arrears climb into the thousands, homeowners need real help.
Option 2: Get a Home Equity Loan from Lendworth
If you have equity, you can catch up instantly — even with:
❌ Bad credit
❌ Irregular income
❌ High debt
❌ Previous late payments
We use property value to approve mortgages, not credit reports.
Option 3: Consolidate All Debts Into One Payment
Stop juggling:
Credit cards
CRA debt
Car loans
Personal loans
One private mortgage can clean it all up and reduce stress immediately.
Option 4: Sell Before the Lender Takes Action
Not ideal, but better than losing your equity to fees, penalties, and legal costs.
💡 Most homeowners wait too long — you don’t have to. We fix arrears daily.
📞 Speak to Lendworth Today: 905-597-1225