Facing a Power of Sale in Ontario? You Can Still Stop It.
Served a Notice of Sale? You have a redemption window to reinstate or pay out your mortgage and keep your home. We approve on equity and fund in as little as 24–72 hours.
🏠 How much can you access to clear arrears?
Served a Notice of Sale? You still have a window to act.
In Ontario, lenders almost always enforce a defaulted mortgage through power of sale under the Mortgages Act — not foreclosure. The important part for you: there is a statutory redemption period during which you can bring the mortgage back into good standing and stop the sale. If you have equity, we can refinance or arrange a new loan to do exactly that, fast.
The Ontario power of sale timeline
From the documents you receive to the sale itself — and exactly where the redemption window sits.
Default (≈15 days)
After about 15 days of missed payments, the lender can begin enforcement.
Notice of Sale
The lender serves a formal Notice of Sale Under Mortgage on you and other registered parties.
35-Day Redemption
A minimum 35-day window to pay the arrears plus costs (reinstate) or the full balance (redeem) and stop the sale.
Listing & Sale
If unresolved, the lender can list and sell the property to recover what’s owed.
Surplus to You
Any sale proceeds beyond the debt and costs are returned to you — unlike foreclosure.
General information only, not legal advice. The redemption period and process are set by Ontario’s Mortgages Act; consult a lawyer about your specific notice.
Reinstate or redeem — we move at notice speed
You can usually stop a power of sale two ways: reinstate the mortgage by paying the arrears plus the lender’s legal costs, or redeem it by paying the full balance. Either way, time is everything — the 35-day clock is short. We arrange second mortgages, refinances, and private financing built for exactly this, approving on your equity and funding in days. Just received your notice? Don’t sign anything with a stranger who contacts you first — apply with a licensed broker.
Serving homeowners across Ontario, Alberta & Saskatchewan — including Toronto Mississauga Brampton Hamilton London Ottawa and many more.
How to Stop a Power of Sale in Ontario
Whether your home is already being sold under power of sale or the first Notice of Sale just arrived, stopping it comes down to one move: pay out the defaulted lender — arrears, costs, and balance — before the sale completes. That is what we arrange: a replacement first or second mortgage approved on your equity, not your credit. In Ontario, lenders use power of sale rather than foreclosure — if someone told you your home faces foreclosure, it is the same emergency and the same fix. As of August 2026 we place these files in days: private funding can close in 3–5 business days once the appraisal is in.
Related arrears help
Not quite your situation? Jump to the right page.
Mortgage Arrears Overview
Every arrears situation and how home equity solves it.
See the overview →Property Tax Arrears
Clear unpaid municipal taxes before a tax sale.
Learn more →Income Tax / CRA Debt
Pay off CRA debt and liens from your equity.
Learn more →Stop Foreclosure
Reinstate or pay out before judicial sale (Alberta).
Learn more →Facing a Power of Sale? Start Here
Pick your city to see how we stop a sale locally — or skip it and call. The clock runs from the day the notice was served, so a phone call is faster than reading.
Not on the list? We act on files in Ajax, Bradford, Burlington, Caledon, Cambridge, Clarington, Etobicoke, Markham, Norfolk County, Oakville, Peterborough, Pickering, Scarborough, St. Thomas and Whitby as well — and everywhere else in Ontario. The lenders and the timeline are the same wherever your property sits.
Can your equity clear your arrears?
Move the sliders to see how much you could access — and whether it covers what you’re behind.
Include missed mortgage payments, property tax arrears, CRA debt, and any other amounts you need to catch up.
Your options compared
When you’re in arrears, doing nothing is the most expensive choice.
Do nothing
- Penalties & interest keep growing
- Legal action proceeds
- Risk of losing the home
- Major credit damage
Sell the home
- You lose your home
- Rushed sale = lower price
- Moving costs & disruption
- May still owe a shortfall
Bankruptcy / proposal
- Severe credit damage (up to 7 yrs)
- Trustee involvement
- Doesn’t always save the home
- Last resort if no equity
Equity solution
- Keep your home
- Arrears paid, sale stopped
- Funded in days, fully digital
- Credit can start to recover
The solutions we use to clear arrears
The right fit depends on your equity, your existing mortgage, and how fast you need to move.
Second Mortgage
Pay the arrears without disturbing a good first-mortgage rate. Fast, equity-based approval.
Home Equity Loan
Clear arrears and consolidate other debt in one shot, secured by your equity.
Refinance
Roll the arrears into a new mortgage and reset your payments around your situation.
Private Mortgage
When time is critical, private lenders approve almost entirely on equity — often in days.
Trusted by homeowners across Ontario, Alberta & Saskatchewan
★★★★★ 5.0 average — real Google reviews from CreditReboot clients
“We were hit with an unexpected financial rough patch and our regular bank wasn’t wanting to help us. One quick email to CreditReboot resulted in an immediate response with options available to us. Parm quickly set us on the right path.”
“Among all the brokers I’ve worked with over the years, Parm at CreditReboot is at the top. I was put into a tricky situation and other brokers had failed to deliver, but Parm helped me out of it and got me a better deal at every turn.”
“Parm was super knowledgeable and really helped us when we were in a pinch and needed a quick close. He made our stressful situation much more manageable. Would highly recommend!”
“I was in a total bind looking to get a home equity loan against my property in Alberta, even after letdowns from a couple of lenders and the banks. Parm worked tirelessly to find me a lender tailored to my needs — by far the best I’ve worked with in a difficult situation.”
“This review is way overdue. You will not be disappointed with Parm — extremely friendly, very knowledgeable, always answering any questions or concerns. You’re always kept in the loop. I’d definitely work with him again.”
“We value the quality of Parm’s service. He was very approachable, knowledgeable and professional. It was almost hard to believe it all went this smoothly. He was quick to respond when needed. We recommend him to everyone.”
Honest guidance, not just a transaction
We arrange financing up to 80% loan-to-value and leave meaningful equity in place as a buffer. Every cost — interest rate, lender fee, broker fee, legal and appraisal — is disclosed in writing before you commit. And if a loan isn’t the right answer, we’ll tell you. Sometimes a payment arrangement with your lender or municipality serves you better.
From crisis to recovery
Missed payments, mounting penalties, legal action looming.
Arrears paid, sale stopped, one manageable payment. Credit starts to recover.
Back on track and eligible to refinance to prime A-lender rates.
Learn more
Helpful reading from our team while you decide your next step.
The 35-day clock is ticking. Let’s stop the sale.
Apply online and we’ll review your equity and arrange financing to reinstate or pay out your mortgage — often approved in as little as 24 hours. No obligation, no upfront fees.
Get Emergency Help Now →Run your own numbers
- Mortgage Arrears Calculator — see what the arrears and legal costs add up to as the process runs
Related reading
- You have received a Notice of Sale — what to do before the sale proceeds
- The Ontario power of sale timeline — how long each stage takes
- Power of sale vs foreclosure — why the difference matters
- Arrears options in Ontario — stopping the process earlier
- Refinancing during a power of sale — when equity can still clear the payout
Frequently Asked Questions
How do I stop a power of sale in Ontario?
What is the redemption period for a power of sale?
What is the difference between power of sale and foreclosure?
Can I still save my home after a Notice of Sale?
What is a Notice of Sale Under Mortgage?
How long does the power of sale process take in Ontario?
How many missed payments trigger a power of sale?
Can I reinstate my mortgage during a power of sale?
Can I refinance to stop a power of sale with bad credit?
Can a second mortgage stop a power of sale?
What happens if I miss the redemption period?
Will a power of sale affect my credit?
Stop Power of Sale by City
Ontario power of sale moves on statutory timelines. Each page covers the local process and how quickly financing can be arranged.