Mortgages

What to know on getting a mortgage or if you're facing foreclosure.

A coin being put into a miniature home
Mortgages and financing a home purchase

Mortgages and financing a home purchase

Almost everyone who buys a home borrows money to pay for it. Doing so involves giving the lender a charge against the home. Learn what’s involved in getting a mortgage.

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Foreclosure sign on house for sale
Foreclosure

Foreclosure

If you default on your mortgage, the lender can go to court to take the property you mortgaged or sell it to pay the debt. This process is called foreclosure.

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Copyright 2022 People's Law School

Published on the unceded territory of the Coast Salish peoples, including the lands belonging to the xʷməθkʷəy̓əm (Musqueam) Nation, Sḵwx̱wú7mesh Úxwumixw (Squamish Nation) and səlilwətaɬ (Tsleil-Waututh) Nation.