And if you suffer from an injury or illness resulting in a loss of income and increased medical bills, you risk losing your home because of your financial inability to pay the mortgage payments.
Some people will have purchased an insurance policy which will pay a lump sum should they become injured or have a critical illness. This money can pay for the mortgage for a year or so and help with extra expenses.
Mortgage programs are available for individuals with loss of income combined with disability related issues.
If you do not have disability coverage, there may still be help. We have low rate lending partners on-hand who specialize in dealing with loss of income combined with disability related issues. We understand the impact a sudden injury or devastating illness can have on a family and your livelihood. The most important thing is to recover and you should not be burdened with nights of worry wondering if you will lose your home. We want to help sort out your options. There are programs that can help with loan modifications, refinancing and home loans where eligible. We do everything we can to help you qualify for the right mortgage program.
Life is unpredictable. Injury and illness should not hold you back from owning your own home or feeling insecure about payments. We understand that the most important thing is to make a full recovery and taking care of those who mean the most to you. Depending on your situation, your household income may go down while your overall living expenses may go up if you are subject to medical bills and a loss of income.
Our experienced team of professionals will provide helpful, confidential short and long-term mortgage strategies.
We have low rate lending partners on-hand who specialize in dealing with loss of income combined with disability related issues. There are many options available and we can help you find the solutions that are right for you. Take a few minutes to complete the online quote request and then let us take care of the rest. Within the next 24 hours*, we will provide the answers you need to make confident decisions about your mortgage, with the right terms and conditions for you.
*Mortgage Quotes Monday to Friday 9am to 6pm EST
The content provided on this website is presented or compiled for your convenience and is provided for informational purposes only. The information provided on this website should not be construed as offering legal, financial or other advice to be relied on by the reader to make or refrain from making any decision or to take any action. Please consult us first before making any decisions. Although we make every effort to ensure accurate mortgage interest rates on Mortgage Approval Help.ca, rates are subject to change without notice at any time. Some rates may be subject to minimum credit score, loan amount and may only be available certain lending areas. Cash back mortgage Ontario residents only. Unimor Capital is a Windsor mortgage broker.