How many motgage payments missed before forclosure in ontario

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How many motgage payments missed before forclosure in ontario? Konstantinos

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Q. What happens if i missed 2 mortgage payments?

You should contact your bank right away and explain your situation and arrange the missing mortgage payments asap. You should not have a problem if you do that. Make sure when ever you miss a payment to keep in touch with the bank and let them know what`s going on.

Someone said: we lost our house because we couldn't come up with the two missed mortgage payment "late fees" two mortgare payments were 1500 total, late fees made payment $5000, forced bankruptcy, walked away homeless with six kids in Ontario, nothing anyone could do, found a decent landlord who took our 1500 as first and last, two more weeks to come up with 500 and have been in the house for 7 years, best thing that ever happened, not everyone can find a decent rental arrangement

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