Emergency Mortgages.
Swiftly Bring Your Mortgage Up-to-Date.
Protect Your Equity & Prevent Enforcement.
Emergency Mortgages In Ontario & British Columbia.
What is Mortgage Arrears?
Mortgage Default Specialists.
Mortgage arrears occur when a homeowner misses one or more scheduled mortgage payments. In Canada, even one missed or bounced mortgage payment is considered a technical default, and your mortgage lender will typically contact you to request immediate repayment. If the arrears continue unresolved, the lender has the legal right to take further action, which could eventually result in power of sale or foreclosure proceedings, both of which can put your home at risk. At DV Capital, we understand that financial hardship can happen to anyone. Whether due to job loss, illness, or unexpected financial stress, many homeowners across Ontario and British Columbia find themselves falling behind on mortgage payments. We never judge – our goal is to help you find a realistic and respectful way forward. The sooner you act, the more options you’ll have. If you’re in mortgage arrears or facing pre-foreclosure, we can assess your situation and explore strategies to cure the arrears and bring your mortgage back into good standing. In many cases, we help homeowners avoid legal action by arranging private mortgage solutions such as arrears consolidation loans, second mortgages, or emergency refinancing. Don’t wait for your lender to initiate legal proceedings. Contact DV Capital today to speak with an experienced mortgage professional about your mortgage arrears options in Ontario and British Columbia. We respond quickly and discreetly.
Does Mortgage Arrears Affect Credit?
Mortgage Assistance Programs
Yes, mortgage arrears can negatively affect your credit score, particularly if your mortgage lender reports payment activity to major Canadian credit bureaus like Equifax and TransUnion. If you’ve missed or deferred a mortgage payment, there’s a strong possibility this information will appear on your credit report, potentially lowering your score and damaging your ability to qualify for future mortgage refinancing. Many mortgage lenders, including private mortgage lenders, carefully review your credit report when evaluating your application. They look closely at your mortgage payment history, including any signs of late payments, missed payments, or arrears. Even if you demonstrate sufficient income and meet general underwriting guidelines, a history of chronic arrears or legal actions like mortgage default judgments or power of sale proceedings can severely hurt your chances of approval. In some cases, a single late mortgage payment may be viewed as a minor issue, especially if there is a valid explanation and the rest of the credit profile is strong. However, repeated mortgage arrears, delinquencies, or legal enforcement actions make it far more difficult to secure favourable financing terms or get approved at all. At DV Capital, we strongly encourage homeowners in Ontario and British Columbia who are facing mortgage arrears to contact us before things escalate. We can help you create a custom action plan to address your arrears, potentially avoid credit damage, and restore your mortgage to good standing. The sooner you act, the more flexible and affordable your solutions may be.
Can you refinance mortgage arrears?
Solutions for Mortgage arrears.
Yes, it is possible to refinance mortgage arrears, but doing so can be complex, especially if your mortgage is already in default or has a history of late or bounced payments. Most traditional mortgage lenders (A-lenders), including major banks and credit unions, are not inclined to offer refinancing solutions to homeowners who are behind on payments or are actively in mortgage arrears. Their lending guidelines prioritize low-risk borrowers with consistent mortgage payment histories. Alternative mortgage lenders (B-lenders) may also hesitate to approve refinancing for borrowers in arrears. However, they are typically more flexible than A-lenders and may consider refinancing if the mortgage arrears were the result of an isolated incident, such as a temporary income disruption or emergency, with a clear and reasonable explanation. The key is providing assurance that the issue is resolved and unlikely to recur. Even private mortgage lenders, known for their flexibility, may have limits when it comes to refinancing defaulted mortgages. Many lenders, regardless of their category, want to fund loans that have a high probability of performance. If a borrower is already behind on payments, lenders may see it as an elevated risk that does not align with their underwriting criteria. At DV Capital, we specialize in refinancing mortgages in arrears. With over a decade of experience working with distressed mortgages, we’ve successfully helped homeowners across Ontario and British Columbia resolve mortgage arrears, stop legal proceedings such as power of sale or foreclosure, and get back on track. We work quickly and discreetly to assess your situation and secure funding – often through private lenders willing to structure custom solutions for high-stress, time-sensitive scenarios. If you’re in arrears and looking to refinance your mortgage, contact DV Capital today for a no-obligation consultation. We’ll provide a clear strategy to resolve your arrears, protect your equity, and restore financial stability.
Emergency mortgage arrears Help.
Missed Mortgage Payment Help.
If you’re behind on mortgage payments and worried about power of sale, foreclosure, or legal action, DV Capital is here to help; with over a decade of experience assisting Canadian homeowners in resolving mortgage arrears, we specialize in strategic private mortgage solutions that bring defaulted loans back into good standing across Ontario and British Columbia, and have helped real estate owners recover from mortgage arrears, property tax arrears, condo fee arrears, CRA (Canada Revenue Agency) arrears, and other forms of financial distress; whether your missed payments are due to job loss, illness, or the rising cost of living in Canada, we offer non-judgmental support and act quickly to protect your equity and your home; our team is well-versed in communicating with mortgage lenders, enforcement lawyers, and lien holders to negotiate realistic outcomes, and in many cases, we help reinstate the existing mortgage or secure private mortgage refinancing to replace the mortgage in arrears before legal proceedings escalate; don’t wait until you receive notice of power of sale or foreclosure, contact DV Capital today for a confidential assessment and let us help you cure your mortgage arrears, avoid legal action, and bring your mortgage back into good standing with a financing solution tailored to your situation.
Property Tax Arrears Mortgage Help.
behind on Property Tax payments?
Real estate owners in Ontario, British Columbia, and Nova Scotia are responsible for ensuring timely payment of property taxes to their local municipal tax department, and while homeowners without a mortgage must manage property tax payments on their own, those with a mortgage may have a portion of their property taxes collected and remitted by their mortgage lender as part of their monthly mortgage payment; however, if the mortgage lender does not collect for property taxes, the homeowner remains directly responsible and is often required to show proof of timely payments during mortgage renewal or when applying for a refinance, and when property tax arrears occur, they are commonly treated as a technical default under the terms of the existing mortgage, which may impact the homeowner’s ability to borrow additional funds or refinance with a new lender, and in addition to default clauses, unpaid property taxes can lead to accumulating penalties, interest charges, and the registration of tax liens by the municipality; in severe cases, municipal tax departments may assign the file to a bailiff or law firm, placing the home at risk of a tax sale; DV Capital has extensive experience helping homeowners resolve property tax arrears and avoid legal proceedings, including power of sale or tax enforcement actions, and we work quickly to explore mortgage solutions, often through private lending, that bring property taxes up to date and restore financial stability; if you’ve fallen behind on your property taxes and own real estate in Ontario or British Columbia, contact DV Capital for a confidential assessment and learn how we can help you avoid enforcement and bring your taxes and mortgage back into good standing.
Mortgages to Help condo Fee Arrears & Strata Fee Arrears.
Help for Condo or Strata Arrears and liens.
It is critically important for condo and strata property owners in Ontario and British Columbia to understand their obligations regarding monthly maintenance fees, special assessments, and strata levies, as falling behind on condo fees or strata fees can lead to serious consequences including the registration of a lien against your unit, and if unpaid balances for condo maintenance fees, strata levies, or special assessments remain unresolved, the condominium corporation or strata management may proceed with legal action, including placing a lien and potentially initiating power of sale or foreclosure proceedings depending on provincial regulations, which can jeopardize your ownership rights, restrict your ability to vote at meetings, and create significant challenges when attempting to renew or refinance your mortgage or sell the unit, all of which can lead to stress and financial instability if the matter is not addressed promptly; DV Capital has extensive experience assisting condo and strata unit owners who are in arrears, and we work quickly to explore custom private mortgage solutions that help pay off outstanding condo or strata fees, remove liens, and avoid further legal action; if you’re currently behind on condo fees or strata payments and require fast assistance, contact DV Capital to explore financing solutions and legal options to bring your account back into good standing and protect your property from enforcement
How to Fix Mortgage Arrears in Canada - Refinance & Stop Legal Action.
missed mortgage payment help.
DV Capital has extensive experience assisting real estate owners in Ontario, British Columbia, and Nova Scotia who are facing late, missed, or bounced mortgage payments and we understand the urgency and complexity of dealing with mortgage arrears, which is why we act quickly to communicate with mortgage lenders, their legal departments, and enforcement lawyers to find the most strategic and effective path forward; whether it means negotiating repayment arrangements to bring your mortgage current and keep your existing low-rate mortgage intact, or replacing a defaulted mortgage entirely with private financing to stop legal action, our team is deeply familiar with the full process of mortgage arrears, including navigating lender demands, legal notices, and power of sale or foreclosure threats; we work closely with experienced real estate lawyers to ensure every step taken aligns with your legal rights and the fastest path to resolution, and we take pride in providing compassionate, non-judgmental support to homeowners navigating financial hardship, while also offering fast mortgage refinancing solutions tailored to your needs; if your mortgage is in arrears and you own real estate in Ontario or British Columbia, contact DV Capital 7 days a week for a confidential, results-focused consultation before enforcement escalates – our team will do everything possible to help you stay in your home and get back on track.