Foreclosure Assistance

Mortgage Brokerage/ Private Lending Firm in Sherwood Park, Alberta

Foreclosure is a legal process in which a Lender attempts to recover the balance of the loan from a borrower, who has stopped making payments to the Lender. This often leads the Lender to force the sale of an Asset(s), which was used as the security against the loan. Understandably, this process can be quite stressful for both the Lender and the borrower, Magnum Mortgage offers full assistance during the Foreclosure process.

Rest assured, through the duration of the loan, our team is prompt in noticing the early signs of financial difficulty with the borrower, and works with them to catch up their payments and exhaust all options before having to go through the foreclosure process.

In addition to our knowledgeable team of experts in the office, we also work with experienced Solicitors, who are well versed on the Foreclosure process.

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