protecting your investment.
A private mortgage is a contract between a borrower and a lender. The lender loans a sum of money to the borrower in exchange for the loaned amount plus interest, payable over a specified amount of time. The lender protects their loan by registering the mortgage against the borrower’s property. If the borrower is diligent in making their payments to the lender, both parties stand to benefit. However, if the borrower isn’t diligent, a strong mortgage enforcement team is needed to recoup the lender’s investment. Should the borrower default on their payments and fail to bring the mortgage into good standing, the lender would be entitled to a portion of the proceeds from the sale of that property.
In every private mortgage agreement, the lender needs a strong enforcement team in their corner. HLPC is here to protect our lenders and their investments.
Issuing strong Demand Letters to borrowers who have defaulted on their payments.
STATEMENT OF CLAIMS
Serving and filing a Statement of Claim at the end of the redemption period.
NOTICE OF SALES
Prepare and deliver a Notice of Sale for the borrower’s property.
Obtaining judgements for the issuance of a Writ of Possession.