Who We Help
Mortgage Renewal or Refinancing Trouble
If your renewal is coming in at a much higher rate and the new payment doesn't work, selling before it bites may be the calmer path. We can usually make an offer within an hour of speaking with you, often while we're still on the phone, and close in as little as 7 days, or on the date you choose. No cost, no obligation, no pressure.
What's going on
A lot of Ontario homeowners are facing a rude shock at renewal time. The rate you locked in years ago may be long gone, and the new payment — sometimes hundreds of dollars more a month — simply doesn't fit the budget. If your renewal is coming up and the numbers don't work, you're not alone.
This page is general information, not financial advice. A mortgage broker can help you shop your renewal, and we can explain how selling might fit if the new payment isn't sustainable.
Your options
Selling to us is only one path. Here are the options most homeowners consider in this situation.
Shop your renewal
You don't have to stay with your current lender. A mortgage broker can shop your renewal across several lenders to find the best rate you qualify for.
Extend the amortization
Stretching the amortization period lowers the monthly payment, though you'll pay more interest over time. Some lenders allow this at renewal.
Sell before the new payment bites
If the new payment isn't sustainable no matter what, selling on your own terms — before you fall behind — is often calmer than waiting. We can close in as little as 7 days, or on the date you choose.
How we can help
- We can buy your house as-is, so you don't sink money into repairs before a sale.
- We can close in as little as 7 days, or on the date you choose — useful when a renewal deadline is looming.
- There's no cost and no obligation to get an offer, so you can compare it to renewing.
- We're a direct buyer, so there's no financing to fall through.
Frequently asked questions
Other situations we help with
Facing Power of Sale
If your lender has started power of sale, time is short. We can often move quickly — and we'll be honest about whether selling to us is right for you.
Behind on Mortgage Payments
Falling behind on your mortgage is stressful, but you have options. We can buy your house fast and help you get back on solid ground.
Carrying Two Homes
Carrying two mortgages is a heavy load. We can buy your old house fast so you're back to one payment.
Skip the showings — get my offer
Ready to skip the showings?
Tell us about your house and get a no-obligation offer. We can usually make an offer within an hour of speaking with you, often while we're still on the phone.