Foreclosure Success Stories

"I was three months behind on my mortgage and had already received a Statement of Claim. I thought it was over. The team connected me with a mortgage specialist who restructured my loan — my payments dropped by $600 a month and the foreclosure was dismissed. I had no idea that was even possible. I wish I had called sooner instead of losing sleep for months."

"My bank had already started power of sale proceedings. I had 30 days. A private lender was arranged within two weeks — they paid off the arrears and the bank's legal fees, and I kept my home. The interest rate is higher than my old mortgage, but I have a roof over my head and a plan to refinance back to a bank within 18 months. That is what matters."

"We knew we could not keep the house — my husband lost his job and we were already behind $14,000. But we had equity. The team helped us sell privately before the bank took over. We walked away with $85,000 in equity that would have been eaten up by legal fees and a fire-sale price if we had waited. It was the hardest decision we ever made, but it was the right one."

"I was paying $2,800 a month on a mortgage I took at the worst possible rate. After a divorce, I just could not keep up. The team negotiated a loan modification with my lender that dropped my payments to $1,680 — a 40% reduction. The bank agreed because they did not want another foreclosure on their books. I had no idea you could negotiate with a bank like that."

"My mortgage was not the problem — it was $42,000 in credit card debt that was drowning me. I could not make my mortgage payment because every dollar was going to minimums on unsecured debt. A consumer proposal cut that $42,000 down to $12,000 over five years. Suddenly I could breathe. I have not missed a mortgage payment since. My credit took a hit, but I still have my home."

"We were terrified to even call the bank. We had ignored their letters for months and assumed they would just take the house. The team coached us through a direct conversation with the lender's loss mitigation department. The bank agreed to add the arrears to our mortgage balance and extend the amortization. No lawyers, no court, no power of sale. We just had to ask — but we needed someone to show us how."