Stop Power of Sale Ontario: How to Save Your Home Anywhere in the Province
A notice of sale can make any homeowner panic. But across Ontario, mortgage brokers help families stop legal action, refinance arrears, and protect their homes every single day.
What Is a Power of Sale?
In Ontario, lenders can initiate a power of sale when payments are overdue. They’re legally entitled to sell your home and recover owed funds. The process moves fast, so early action is critical.
How Mortgage Brokers Help Homeowners in Ontario
- Secure emergency funding through alternative lenders.
- Refinance or arrange a second mortgage to pay arrears.
- Stop legal proceedings before the sale completes.
- Protect your credit and home equity.
Ontario Success Story
A Mississauga family was two weeks from sale when Burke Financial arranged a refinance in just 72 hours, paying $45,000 in arrears and legal fees. The home was saved, and their credit preserved.
Steps to Stop a Power of Sale in Ontario
- Contact a broker immediately upon receiving a notice.
- Gather mortgage and arrears details.
- Apply for emergency refinance funding.
- Pay off arrears and confirm legal stoppage.
Mistakes to Avoid
- Waiting until your home is listed for sale.
- Ignoring lender correspondence.
- Assuming banks will reverse the process.
Final Tip:
The faster you act, the more equity and options you retain. Ontario brokers like Burke Financial specialize in fast, life-saving solutions.
Need to stop a power of sale in Ontario? Let’s protect your home today.
📞 1-866-702-9394
🌐 www.burkefinancial.ca
