Empowering Canadian families through accessible financial programs for homebuying and secure homeownership.

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Mortgage Relief Program

Because Keeping Your Home
Shouldn’t Break You

For many families, a large mortgage payment consumes nearly every dollar, leaving little to save, pay down debt, or simply breathe. The Mortgage Relief Program eases this burden through monthly relief payments — lowering your obligations so homeowners can reduce stress, regain balance, and focus on living, not just surviving.

Through our EquityLock and EquitySwap initiatives, mortgage liability and home equity are restructured to cut monthly obligations by $1,000–$5,000. Some homeowners qualify to have up to 90% of their payments covered — protecting their home while restoring financial stability.

A Lifeline for Struggling Homeowners

For homeowners with equity who are stretched thin, relief payments reduce monthly obligations and restore cash flow — allowing families to keep their home with dignity.

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Program Benefits

  • Reduce monthly mortgage and debt payments by $1,000–$5,000
  • Qualify for relief covering up to 90% of your mortgage costs
  • Protect and preserve the equity you’ve built in your home
  • Deferral options that provide immediate breathing space
  • Seamless setup of all legal and financing arrangements
  • A structured pathway to regain financial balance without losing your home
Is This Program a Good Fit?

"Every month, I was falling deeper into debt just to keep up with the mortgage. With this program, my payments were cut in half — and I finally feel like I can breathe again."

- Grace R., Scarborough

"We thought selling our home was the only way out. The relief program lowered our payments by over $2,000, and now we’re secure without giving up our house."

- Daniel F., Brampton

"Before this, every paycheck went straight to the mortgage. Now, with deferrals and reduced payments, we can actually save for the future again."

- Ramnaraine L., Mississauga

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FAMILIES ASSISTED

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Seek Relief,
Not Surrender

This program is for homeowners who:
  • Are stretched thin by large mortgage payments, debts, or reduced income.
  • Have built equity in their home but struggle to manage monthly obligations.
  • Want to improve cash flow without losing ownership or selling their property.
  • Are looking for immediate relief payments to ease financial pressure.
  • Need a structured alternative because refinancing or bank approvals are out of reach.
  • Value preserving their home and dignity while restoring financial stability.
  • Want a clear path to regain balance without sacrificing the equity they’ve worked hard for.
How does one Qualify?

"I was drowning in bills, and every paycheck went straight to the mortgage. With the relief program, my payments dropped by over $1,500 a month. I finally feel like I can breathe again."

- Samantha K., Hamilton

"We thought we’d have to sell our home, but this program gave us another option. Our payments were reduced, and we kept the house we raised our kids in."

- Arjun & Meena P., Brampton

"After losing part of my income, I couldn’t keep up with everything. The program helped cover most of my mortgage, and now I have stability without sacrificing my home."

- Ricardo R. from East York

Program Qualification and Requirements

Primary applicant must meet the eligibility criteria to apply for the program

Ages 45–65

Canadian Citizens or Permanent Residents

Personal Income under $250,000

Owned Home for 4+ years

No history of bankruptcy or consumer proposal

Next Steps

"Every month felt like a losing battle. Thanks to this program, our payments dropped enough that we can finally start saving again."

- Nadia B., Ajax

"I was living paycheque to paycheque with nothing left after the mortgage. Now, with reduced payments, I can manage my debts and still keep my home."

- Michael T., Guelph

"What I liked most was how simple it was. Everything from the paperwork to the approvals was handled, and I got the relief I desperately needed."

- Lubna H., Oakville

Our 5-Step Process to Homeownership

1

Book the 10-Minute Eligibility Call

A quick conversation with a Program Advisor to understand your situation and confirm basic eligibility for relief.

2

In-Person Consultation

Meet with a Program Advisor to review the program in detail, go over the numbers, and explore how relief payments can be applied to your mortgage.

3

Application Submission

Complete the application and provide supporting documents so our team can assess your case.

4

Approval

Once approved, we finalize the restructuring plan through EquityLock or EquitySwap, ensuring your payments are reduced and your equity is protected.

5

Relief Payments

Receive monthly relief and deferral payments for up to 60 months — easing obligations, improving cash flow, and helping you stay in your home with dignity.

Frequently asked questions

"What stood out most was the transparency. Every number, every option was explained clearly, and I always knew exactly what was happening."

- Lina M., Burlington

"They really held my hand through the entire process. From the first call to the relief payments starting, I never once felt lost or pressured."

- George & Amira S., Caledon

"It was surprisingly smooth. All the paperwork, the meetings, even the approvals — everything was handled step by step with so much care."

- Karen L., Toronto

Frequently Asked Question

The Mortgage Relief Program helps homeowners who are stretched thin by large mortgage payments or overall monthly obligations. By restructuring your mortgage through EquityLock and EquitySwap, relief payments are applied directly to your mortgage, reducing monthly costs and improving cash flow — without giving up ownership of your home.
When you own a home, the value of your property minus what you owe on the mortgage is your equity. Normally, this equity is locked in and only accessible if you refinance, take out a HELOC, or sell your home. Many homeowners end up using that equity to increase debt or fund expenses, which can put their future at risk.

EquityLock protects this equity by keeping it safe and inaccessible, ensuring it isn’t depleted through risky borrowing or spending.

EquitySwap converts that locked, non-earning equity into an earning asset. The income generated from this restructured equity is then applied toward your mortgage, providing direct relief on monthly payments.

If you qualify for relief or mortgage assistance, a Program Advisor will review both options with you in person and guide you on which structure best fits your situation.
Refinancing is the process of replacing your current mortgage with a new one. The new loan pays off the existing mortgage, and any extra funds can be used to invest, or consolidate debts. It’s not a program on its own, but simply a process banks use.

In the Mortgage Relief Program, refinancing may be used as part of the overall strategy — for example, to lower your interest rate, access idle equity to consolidate debts, or lock in equity for relief payments. Unlike a traditional refinance that depends only on credit and income, this program combines refinancing (where beneficial) with trustee and equity solutions to provide broader relief options for families who might not qualify through the bank alone.
Yes — equity in your home is required. This program is built specifically for homeowners who have equity, since it’s the foundation that allows us to apply EquityLock, EquitySwap, refinancing, or debt consolidation.

If you don’t have equity and are struggling with payments or worried about losing your home, the Mortgage Trustee Program may be a better fit, or you can reach out to discuss if a personalized solution is available.
There’s no single number. If your mortgage or combined monthly obligations are leaving you stretched thin — whether from debt, reduced income, or affordability issues — you may qualify. Each case is reviewed individually during the application process.
Yes, your credit score does matter — though not in the same way it does for a traditional bank. The program often uses refinancing with a bank as part of the solution, which means certain score requirements apply.

- 700+: Generally qualifies fastest with minimal issues.
- 650–699: Often eligible, though we may need to consolidate debts that are lowering the score.
- 600–649: Approval is more difficult but may still be possible depending on equity and overall situation.
- Below 600: At this point, missed payments or financial challenges likely make you a better fit for alternatives such as a consumer proposal — or the Mortgage Trustee Program, which is designed for urgent situations.

If you’re unsure, reach out and we’ll review your case. In many situations, we can use your equity to either consolidate debts, lower payments, or lock in relief and deferral payments.
Yes — you may still qualify if you’re late on your mortgage payments. However, if you are already significantly behind, have received collection notices, or are facing a power of sale, the Mortgage Trustee Program may be a better fit. Every situation is unique, so it’s best to discuss your circumstances with us directly to determine whether relief, trustee options, or a personalized solution is most appropriate.
Yes. The program supports homeowners with both institutional and private mortgages. If you’re struggling with payments on a private mortgage, you may still qualify for relief or deferrals.
Relief typically reduces payments by $1,000–$5,000 per month, depending on your situation. In some cases, homeowners may qualify to have up to 90% of their mortgage payments covered. Relief can last for up to 60 months (5 years).
There are no fees if you are accepted into the program. We don’t charge homeowners for providing relief — it wouldn’t make sense to help on one side and add costs on the other.

The only costs that can occur are the standard ones tied to refinancing, such as legal fees, a mortgage penalty with your current lender, or a broker fee for the new mortgage. In most cases, these costs are covered through the program on your behalf.

No one is ever approved unless the outcome creates a clear short-term and long-term benefit. Our focus is simple: protect your home, ease your cash flow, and put you on track to become mortgage and debt free sooner — always with full transparency about the numbers.
Relief payments are funded through a combination of sources, including private grants, corporate funding, institutional loans, referral commissions, and partnership opportunities that support Home Ahead’s programs. A portion of the funding also comes from interest earned through the EquityLock program and income generated through the EquitySwap program. Relief is then distributed through a dedicated pool of funds.

This program — the Mortgage Relief Program — has no fees charged to homeowners. Any fees for other programs are always disclosed in advance.
No, relief payments are not a loan and generally do not need to be repaid. They are provided to assist homeowners and ease financial burdens, not add to them.

If any portion of assistance is a loan, a deferral, or comes with specific repayment terms, it will be clearly stated up front, disclosed and discussed. With the Mortgage Relief Program, relief payments are provided to reduce obligations and improve cash flow — not to create new debt.
Yes. All agreements are legally documented and overseen by licensed professionals. Program is fully compliant, transparent, and designed to protect homeowners’ rights and equity.
No. You remain the legal owner of your home. The program simply restructures how your mortgage obligations are managed, while protecting your built-in home equity. Your ownership and right to live in your home remain intact.
Yes. In most cases, if your situation improves before the program term ends, any remaining relief payments are applied directly to pay down your mortgage faster, reducing the total years left on your loan.

Typically, program exits or changes occur when there is a sale of the property, a significant financial improvement, or in the event of the homeowner’s passing. All of these scenarios are discussed in detail before the program begins, so you’ll understand exactly how the agreements work before any relief is applied.
Ready to Apply?

"They treated me with respect and dignity. For the first time in years, I feel in control of my home and my finances."

- Patricia M., Acton

"The process was smoother than I imagined. In less than six weeks, my payments were reduced and I finally had breathing room."

- Ravi S., Mississauga

"From the first call, everything was explained clearly. I never felt pressured — just supported at every step."

- Helen D., Toronto

Helping you Take the First Step Towards Relief & Stability

We begin with a quick pre-application call to understand your situation and confirm eligibility. If you qualify, we’ll guide you through the next steps to secure monthly relief and reduce your mortgage obligations.