A Team of Experts
Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.
How Does A Foreclosure Affect Your Credit Score?
By Lisa Rennie
Published on December 22, 2023
Everything you need to know about how a foreclosure will affect your credit score.
Explaining Foreclosures in Canada
By Lisa Rennie
Published on September 9, 2021
A slew of missed mortgage payments can result in foreclosure, which can leave you without your home. Learn more about foreclosures in Canada.
How To Buy A Foreclosed Home In Canada
By Bryan Daly
Published on October 12, 2018
Why not buy a foreclosed home in Canada? It is a way to get your first home or an investment property. Here is what you need to know.
What Is A Power Of Sale For A Mortgage?
By Lisa Rennie
Published on January 5, 2018
A power of sale essentially allows the lender - not the homeowner - to sell the home if the borrower defaults on the mortgage.
Deed in Lieu of Foreclosure: An Alternative to Foreclosure
By Lisa Rennie
Published on December 5, 2017
A deed in lieu of foreclosure is when you agree to voluntarily hand over the deed to your home to the lender instead of going through a foreclosure.
Foreclosure On Homes: How Does It Work In Canada?
By Lisa Rennie
Published on November 23, 2017
Everything you need to know about going through and dealing with foreclosure on homes in Canada.
Missing Mortgage Payments and Foreclosures
By Caitlin Wood, BA
Published on March 8, 2016
Learn about the consequences of not making your mortgage payments.
