What happens at the end of the term?

At the end of your 1–3 year term, you can renew, refinance into a conventional mortgage, or sell. Our brokers work with you throughout the term to plan your exit strategy.

How is the interest handled if I'm not making payments?

Interest accrues and is added to your outstanding mortgage balance. This means your total balance grows during the term — something we explain fully before you commit.

Your home remains yours throughout the term. As long as you maintain property taxes and insurance, and the loan-to-value stays within agreed limits, your ownership is secure.

Mortgage Reset ProgramToronto & GTA

Pause your payments.
Keep your home.
Reset your future.

A structured, lender-backed program that lets you stop mortgage payments for 1–3 years while keeping full ownership of your home.

Call 416-262-LOAN (5626)

Maximum LTV

65%

Equity-based

Term Length

1–3 Yrs

No beacon minimum

The situation

Life disrupts. Your mortgage shouldn't have to follow.

A health setback, a career transition, a business that needs time to recover — these are real circumstances that shouldn't cost you your home. The Mortgage Reset Program gives you a structured, lender-backed way to pause payments while keeping your equity intact.

Unlike emergency loans or high-interest lines of credit, this program is secured against your home's equity at a reasonable rate — giving you a genuine reset, not a deeper hole.

Our brokers walk with you through every step: from equity assessment through exit strategy. You're never left to figure it out alone.

Program details

Built for real-world financial situations.

Eligibility is based on your home's equity — not your income, credit score, or payment history. This is what makes it accessible when traditional lenders say no.

Up to 65% LTV

Access up to 65% of your home's appraised value — giving you meaningful breathing room without over-leveraging.

No Debt Servicing

Your income and monthly obligations don't determine eligibility. The equity in your home does the talking.

No Minimum Beacon

Credit challenges won't block your path forward. This program is designed for real-life financial situations.

1–4 Unit Homes

Available for single-family homes, duplexes, triplexes, and fourplexes that you call home.

Purchase or Refinance

Whether you're buying or resetting an existing mortgage, this solution fits both scenarios.

1–3 Year Terms

Short, flexible terms give you the space to recover, rebuild, and transition to traditional financing.

The process

From first call to payment relief.

Equity assessment

We review your property value, current mortgage balance, and LTV to confirm eligibility — usually within 24 hours.

Program matching

We identify the right lender and term — 1, 2, or 3 years — that fits your timeline and financial situation.

ILA & legal review

Independent Legal Advice is required before closing. We coordinate this process and make sure nothing is missed.

Closing

Your lawyer completes the transfer and registers the mortgage. Payments pause immediately.

Exit planning

We work with you throughout the term to plan your transition back to conventional financing when you're ready.

Full transparency

What you need to understand before moving forward.

We believe every client deserves to fully understand this product before they sign anything. These aren't reasons to avoid it — they're things to know going in.

"No surprises. We walk through every implication in plain language before you commit."

Interest accruesInterest adds to your mortgage balance during the term — no payments means no interest reduction. Your balance will grow.
Property taxes remain your responsibilityYou must continue paying property taxes and maintaining home insurance throughout the term.
ILA requiredIndependent Legal Advice must be obtained before closing — this is a mandatory protection, not a bureaucratic hurdle.
First mortgages onlyThis program applies to first mortgages only. Existing second mortgages need to be addressed separately.
Urban GTA propertiesProperties must be in prime urban markets within the GTA and surrounding areas to qualify.

Questions

What homeowners ask us most.

No question is off the table. We've helped homeowners at every stage of financial difficulty — from early stress to urgent situations.

Homeowners experiencing temporary financial stress — job loss, medical leave, business disruption — who need payment relief without selling their home. It's also suitable for those with credit challenges who need a bridge to conventional financing.

Act before stress becomes a crisis

The earlier you explore, the more options you have.

The conversation is free. No pressure, no obligation. Our brokers are ready to listen, assess, and guide you — with zero judgment and full transparency.

Whether you're facing financial stress now or anticipating difficulty ahead — the sooner we talk, the more tools we have available to you.