In today’s high rate, high inflation environment, we are seeing more people facing the possibility of mortgage defaults. Recent findings from a Maru Public Opinion survey have highlighted this concerning trend: an 18% increase in Canadians worried about defaulting on mortgage or loan payments in the next 2 months. This trend isn’t just numbers; it represents real people in our community, feeling the pressure of rising interest rates and escalating living costs. We at Lotus Loans & Mortgages Corp are seeing it firsthand in our office where we are working with people in this situation.

 

Lotus Loans & Mortgages Corp’s service offers a lifeline to those caught in stressful financial circumstances where they are overcome with monthly obligations. This is mostly facilitated through Lotus Loans & Mortgages Corp’s vast network of Private lenders. We provide tailored solutions that can lower monthly payments, consolidate debt, and that can stop Power of sales in many circumstances. For homeowners in financial distress, don’t hesitate to reach out.