How we can help?
Genworth has a dedicated team of Homeowner Assistance Specialists who are trained in identifying the best workout solutions for you. We have a number of options that may help you keep your home when faced with hardship. When should you contact us You should contact us as soon as you know you’re having or about to have difficulties. This allows us to present you with a wider variety of solutions.
Situations that qualify
There are a variety of situations that may affect your ability to make your mortgage payments. Some common situations include: Job loss or reduced income, Marital separation ,Unexpected illness or disability.
We will consider any solution that may alleviate your temporary financial burden. Each situation is assessed individually in order to determine the ideal workout solution. Some common options that can be considered are: Capitalize arrears Increase amortization period Partial or shared payment plan Deferred payments - See more at: http://homeownership.ca/homeownership/homeowner-assistance-program#sthash.eH2dJ5gk.dpuf
Information from the Genworth Canada Home Buyers website.