Debt Consolidation Mortgages in Ontario
Replace 19–29% credit card and consumer debt with a single low-rate mortgage payment — and often free up hundreds in monthly cash flow.
Debt Consolidation Mortgage
Carrying multiple high-interest balances? Your home equity might be the most powerful tool to wipe them out and restart your cash flow.
Ontario homeowners often pay 19–29% on credit cards while sitting on substantial equity that could refinance those balances at mortgage rates. By consolidating into a new first mortgage, second mortgage, or HELOC, you replace several stressful monthly payments with one manageable amount — usually freeing up hundreds (sometimes thousands) of dollars each month.
I always show you the full picture: the total interest saved, the impact on your amortization, the OSFI stress test result, and a clear plan to stay debt-free going forward. Done right, debt consolidation is a turning point, not a band-aid.
How I Can Help
- Consolidate credit cards, lines of credit, car loans, and CRA debt
- Up to 80% loan-to-value refinances for qualified Ontario homeowners
- Side-by-side comparison of total interest cost, before and after
- B-lender and private options when A-lenders can't approve
- Cash-flow coaching to stay out of debt after consolidating
A Simple 4-Step Process
We assess your current rate, balance, prepayment penalty, and Ontario home equity.
I model the OSFI stress test and run the numbers across 50+ lenders to find the right fit.
Documents in, appraisal ordered, and a firm approval issued — usually within days.
Your lawyer registers the new mortgage and you start saving on your next payment.
What Ontario Clients Say
After a rough year my credit was a mess. Nick arranged a private mortgage that bridged us back to an A-lender within 18 months.