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Mortgage Broker Store Announces a New Service "How to Stop a Home Foreclosure or Power of Sale"


Ontario, CA -- (SBWIRE) -- 10/09/2014 -- Mortgage Broker Store  now has a new service for its clients called "How to Stop a Foreclosure or Power of Sale". This service is designed for homeowners in Ontario that are in default or will be in default of their mortgage.

There are a number of factors that are leading to more foreclosure across Ontario. The Toronto Real Estate Board announced that "the average selling price for September 2014 transactions was $573,676 – up by 7.7 per cent compared to the same period in 2013.  Average year-over-year price growth was strongest in the City of Toronto, both for low-rise home types like detached and semi-detached houses and for condominium apartments."

Canada Mortgage and Housing Corporation stated that mortgages for the average Canadian household have continued to increase while the average family income has not increased. This is putting more financial pressure on families and making it difficult to manage their financial commitments. The combination of increased mortgages and limited financial resources has resulted in many households in default of their mortgage and facing a possible foreclosure.

This is where Mortgage Broker Store's new service can help homeowners. They provide a complete review of the household finances then a review of any legal documents related to the foreclosure is done. When both are completed they provide an analysis and explain to  the homeowner how to stop the foreclosure.  Ronald Alphonso, (President of Mortgage Broker Store)  stated that "this service has saved our clients homes and saved them many thousands of dollars".

If you have any questions regarding how to stop a foreclosure or power of sale, please email or call 416-499-2122.

About Ronald Alphonso
Ronald Alphonso is a mortgage agent, licence number M11001286. You can find more information on private lenders in Ontario at our web site

Ronald Alphonso
Ontario, Canada