You missed a few payments. You can still keep your home.

4.9

202

+ reviews

· FSRA Lic. 13301

Falling behind on your mortgage can trigger a power of sale, the legal process your lender uses to take back the home. A private mortgage clears the missed payments and arrears, brings your mortgage current and stops the process. Approved on your home equity, not income docs. We shop 40+ private lenders to fund fast. Most files approved in 24 hours, funded in 5–7 days.

Clears your missed payments and stops the power of sale.
Approved on home equity, not income. Up to 80% LTV.
Works with arrears, bad credit or a consumer proposal.
Most files approved within 24 hours. Funded in 5–7 days.

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★ "3 banks said no. Lighthouse approved me in a day." Trevor, Hamilton

★ "Saved us $1,140/month. Real money." Linda, Mississauga

★ "From CRA arrears to clear in one phone call." Marcus, Brampton

Read this part carefully.

One missed payment can snowball into a power of sale.
It does not have to go that far.

It usually starts small. A missed payment or two after an illness, a job loss, a slow season or a separation. Late fees and interest stack up, the arrears grow and eventually the lender issues a Notice of Sale and begins a power of sale to recover what it is owed. Here is what most people do not hear: it is a process with stages, and at any point before the sale you can still bring the mortgage current. A bank refinance rarely closes fast enough. A private lender can. It clears the missed payments, stops the process and keeps you in your home. If your equity covers the arrears and the new mortgage, the file works.

When private financing stops a power of sale

• Missed payments piled up and a Notice of Sale arrived.
• A second mortgage slipped into arrears.
• CRA arrears pushed the lender to act.
• A business cash-flow gap put the mortgage behind.
• A marriage breakdown disrupted the payments.
• Illness or job loss interrupted income for a few months.

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Why a bank refinance won't close in time

✗ A full refinance runs 4–6 weeks. The sale timeline is shorter.
✗ Arrears on file trigger an automatic decline at most banks.
✗ A Notice of Sale on title freezes a bank application.
✗ Self-employed or non-standard income fails the bank's checklist.
✗ One recent missed payment is enough for the bank to say no.
✗ The appraisal and approval queue alone can outlast your window.

Banks underwrite paperwork. Private lenders underwrite the equity in your home.

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The Math (Yours, Live)

See how refinancing or consolidating
could change your payment.

See how much you could save by consolidating high-interest debt into one lower monthly payment.

Your mortgage balance $400,000

$100K$1.5M

Your current rate 5.99%

3.49%9.99%

Years remaining on amortization 25 years

5 yrs30 yrs

*Assumes a Lighthouse-sourced rate of 3.35% vs. your current rate. Your final rate depends on credit, mortgage size, equity and lender. Disclosed in writing 2 business days before signing. Illustration only, not a binding offer.

Your Estimated Monthly Savings

$604

/month at the Lighthouse rate

Current payment

$2,575

Lighthouse payment

$1,970

Over a 5-year term you'd save

$36,258

Check My Options →

From High-Interest Debt To A Clearer Financial Path

From application to
funded in three steps.

Most files are approved within 24 hours and funded in 5–7 business days. Files with a firm sale date are prioritised. No income docs required.

Tell us about your situation (60 sec)

A 3-step quiz: your home value, your mortgage balance and where things stand. No income docs.

We shop 40+ private lenders

Your licensed broker matches your file to a lender that approves on equity and funds fast. Approval typically within 24 hours.

Funds clear the arrears

We coordinate the lawyer and appraisal, and the funds go to your existing lender to bring the mortgage current. Standard files fund in 5–7 days.

Apples To Apples

Why a private mortgage stops the sale fastest.

Same homeowner ($700K home, $480K owing including arrears, a Notice of Sale on title) weighing each option.

Feature

Lighthouse Power of Sale rescue

Bank refinance

Mortgage payment deferral

Sell under pressure

Funded in days, not weeks

No income documents required

Approved on home equity, not income

Stops the lender's legal process

Keeps you in your home

No public legal record

Feature

Lighthouse 2nd mortgage

Stay on credit cards

Bank refinance

Consumer proposal

Approval available if banks declined

Lowers your monthly payment

Protects (and rebuilds) your credit

Funded within 7–10 days

Qualifies on home equity, not income

No public legal record

*Illustrative. Real terms vary by file. All disclosures provided in writing before signing per FSRA rules.

What you actually get

What a Lighthouse power of sale rescue
comes with.

Approved in as little as 24 hours

Most power of sale files are approved within 24 hours. Files with a firm sale date move to the front of the queue.

Approved on equity, not income

Arrears, bruised credit, a consumer proposal, even a past bankruptcy: none of it disqualifies you here. No minimum credit score.

Funds go straight to your lender

At closing the funds clear your arrears with your existing lender and bring the mortgage current. The sale stops.

Stops the lender's legal clock

Once the arrears are cleared, the power of sale process ends. You are back to a current mortgage, on your own title.

You keep your home

The whole point is to keep you in the house. We structure a payment you can carry and a clear exit, so the sale never happens.

FSRA-licensed broker

Regulated Ontario brokerage (Lic. #13301) with a legal duty to act in your best interest. The federal Criminal Code caps interest at 35% APR.

4.9/5 · 192+ reviews

Real Ontario home owners. Real outcomes.

Trevor M.

Hamilton · 3 reviews

a month ago

Retired, fixed pension, big property tax hike.The bank wouldn't even take the application.Lighthouse approved me on equity. Felthuman.

Linda K.

Mississauga · 5 reviews

a month ago

We were one missed payment from a powerof sale. Lighthouse moved fast and fundedin 9 days. We saved $1,140/month.

Marcus D.

Brampton · 1 review

3 weeks ago

Bad credit and CRA arrears. Every otherbroker ghosted me. Lighthouse just keptworking. Funded. Cleared. Honest people.

Jennifer R.

Oshawa · 2 reviews

a month ago

Retired, fixed pension, big property tax hike.The bank wouldn't even take the application.Lighthouse approved me on equity. Felthuman.

Sarah B.

Hamilton · 3 reviews

6 days ago

Was embarrassed to even pick up thephone. Two minutes in, I felt zero judgement.They ran the numbers, showed me the math,didn't push.

David S.

Hamilton · 3 reviews

2 months ago

Was quoted 5.89% by the bank on renewal.Couldn't afford it. Lighthouse split the loan.Same monthly payment, fixed. Saved thehouse.

Three commitments we make
on every file.

Our 3-Part Promise

Best-Lender Match

We shop 40+ private lenders to find the best fit for your file. Not the fastest commission. The lender whose program actually works for you.

Confidential by Default

Your information stays between you, our brokerage, and the lender you select. We never sell, share, or rent your data. Ever.

One Broker, Start to Finish

The same licensed Ontario broker handles your file from first call to funded. No handoffs, no call-center transfers, no juggling.

Apples To Apples

If three or more sound like you, call us today.

You own a home in Ontario with at least 15–20% equity.
You have fallen behind, or a Notice of Sale has arrived.
A second mortgage or CRA arrears pushed your lender to act.
A bank cannot move fast enough, or has already declined you.
Illness, job loss, a business gap or a separation put you behind.
You need the arrears cleared in days, not weeks.

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Why timing matters

A power of sale runs on a set sequence. Your lender serves a Notice of Sale, a redemption period runs, and only then can the property be sold. Each stage that passes narrows your options and adds cost.

Acting early in that window is the difference between a calm private mortgage and a forced sale. The sooner we see your file, the more room there is to fix it.

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Lock In Today's Number

(905) 234-3323

You missed a few payments. You can still keep your home.

4.9

★

1,000+

~24 hr