If you need to keep the house, call me and I do arrange real equity lending - meaning I will use the equity on your property to momentarily ease your financial status until you get back on your feet. Check with your bank as they may add additional interest on the late payments or foreclose you. You can also skip a payment at no charge (most banks offer this feature) I think once a year. Also check with your mortgage insurer if there is a plan available for you to momentarily get you out of trouble. email me - debtfree@victorcatalan.ca if you need further information.

In Canada, speak with the bank and address this issue a front. They can tell you what is needed. Why are you late in payments ? If this is a temporary circumstance, email me and I will see if we can help you get back on your feet.

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We just bought a new house and we just signed all the papers with the lawyer and they informed us that march 1st 2007 is when we make our first payment, but why? why 3 months with no payment? we live in alberta, canada

Review your (Promissory Note) Mortgage Loan Docs carefully....you may have already paid a few months of the note at closing!!! That is usually why people think they get a break till the 1st payment is due, but it's rolled into closing costs so it's really NOT but it appears that way.

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But that was in the past before i came into the picture. well we have been together for 3 years and want to buy a bigger home, but the banks basically tell us to go fuck ourselves. we have a large down payment (85,000) and want a house that cost about 320,000. so we aren't hurtin for the down payment. does anyone have any advice to give us, is there any other way to get a mortgage...like maybe a broker? we live in alberta. also...has anyone ever gone to a broker and actually gotten a mortgage or whatever. how much did it cost you?

Try to get the house in your name only. If you cannot qualify for the payment by yourself, but you have good credit, you will need compare the rate with both of you vs. the rate for you alone on a "no income verification" loan. 20% is a great down payment. More than that usually does not give significant benefits, but may depending on the loan type. There are a lot of mortgage brokers in Canada. Tell them what your scores are, and what you want to do. They should be able to give you information without pulling your credit so you can compare rates and fees.

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I live in edmonton, alberta, canada.i make $60000/year. take home income/month is like $3200. i pay for the car ($407/month),i pay for gas $200, insurance $85, this car has to be sold and divided equally. i own an apt in ontario (it is rented out for $900- so total monthly net income $4100. it has to be sold and divided equally) and i pay extra $200 on top of rent for mortgage and mantainance. i pay $400 for interest on the loan which is in my name but was used for family expenses.i pay $825 for my apt rent in edmonton.i pay $866 for two kids (7 and 2), $96 for child care, $300 for spousal support. lawyer fee goes from credit card so i pay minimum payment of cards ($100), i have paid over $5000 to lawyer already. after all expenses $621 is left. i have not included my expenses like eating, cigrets, laundry, etc. my credit card balance is building up day by day. my ex-wife works part time two places, dental office where she makes $20/hr for7 hours 3 days a week (about $1400 as dental assistant after tax/month)(she works intentionally part time here i think) and a&w two days/week where she makes (minimum net$500/month). she probably gets about $700 or more from gov for universal and ctbt.$1262 form support payments. so according to my calculation her net income is $3862. after all expenses she probably saves $20000/ month. she got financial aid from gov so did not pay much to lawyer. there is no loan on her as i paid all her credit cards when in marriage. now, my question to all readers is: is she entitled to $300 spousal support what judge ordered without looking my expenses. it has been 7 months since we separated. she asking for my share for her computer repair expenses and my lawyer says that i must pay it. and i say why? is she entitled to spousal support ? should i change lawyer? is gov support for kids considered income in this case? please help i am in deep pain. she pays $1200/month including electric, cable tv. may be $40 for cellphone, $35 for laundry, max $500 for grocery because she cooks home, she used to buy a bus card for $60. medical is provided by my company to all of them. she recently baught a car. these are her details, i did not forced her not to work, she could work in a call center but i supported her to go school and take a dental assistant course. $1200 (is apt rent) here in canada, child support is according to non custodial parent's salary, here in alberta for two kids is $866 child support, its like cast on stone. no one can change it, unless i am able to take more than 40% custody and kids start living with me some of time.

You neglected to mention how much her rent/mortgage is, How much she spends on food and clothes for her and your children, vehicle expenses. Medical bills (if this applies) utilities, phone, insurance and anything. once you calculate what she has left over i could answer weather she deserves $ 300 dollars from you.