We’ve put together several resources to help if you’re having trouble managing your finances and mortgage debt.

Planning a budget that balances both needs and wants
This blog offers some strategies that can help you effectively manage your finances to improve your financial well-being.
Read blog
Effective ways to help you track your expenses
This blog explains the importance of tracking your expenses to manage your budget and gives some helpful ways to get started.
Read blog
Renew or refinance: What’s the difference?
Knowing the differences between these options can help you decide which one best fits your financial situation at the end of your mortgage term.
Read blog

External resources

The Financial Consumer Agency of Canada (FCAC) has several resources that cover the topics of debt management and personal finances, including:

The FCAC also provides useful online tools on their site that can help you manage a mortgage and your finances.:

Mortgage
Calculator
This tool can help you estimate your mortgage payment schedule.
Find it here
Mortgage
Qualifier
This tool can help you determine whether you can qualify for a mortgage
Find it here
Budget
Planner
This tool can help you create a custom budget around your expenses.
Find it here

Working with your lender

If you are experiencing financial stress and have concerns about your ability to service your mortgage, don’t hesitate to reach out to us through the following channels to inquire about mortgage relief options available to you:

Phone
1-877-903-2133
Monday to Friday,
8:00 am to 8:00 pm EST
Email
inquiry.htc@hometrust.ca
Online
Home Digital Help Centre

Talk to your mortgage broker

Your mortgage broker is a licensed professional who can help you understand the details of your loan and can walk you through your options if you are having difficulties making your monthly payments.

The following blogs can give you a good idea of what a mortgage broker can do for you:

Credit counselling services

If you need help managing your debt payments, a credit counsellor can be a helpful resource. A credit counsellor can provide a range of services, including:

  • One-on-one counselling
  • Offering workshops, courses and tips on budgeting and credit
  • Helping you with a debt management plane broker

The FCAC recommends the following associations to source credit counsellors:

If you’re in Quebec, these services can be offered by Associations coopératives d’économie familiale (ACEF) including Coalition des associations de consommateurs du Québec (CACQ).