Debt Consolidation

Credit cards at 19.99%. Lines of credit at 11%. A car loan at 8%. If you own a home, you almost certainly shouldn't be paying any of those rates. We refinance the equity in your home to clear the high-interest debt—and rebuild a balance sheet that actually works.

Where the savings come from

Lower interest rate

Mortgage rates are a fraction of credit-card and unsecured-loan rates.

Lower monthly payment

Re-amortizing $80K of debt over 25 years drastically reduces required cash flow.

One payment instead of six

Cleaner budget, fewer missed-payment risks, easier to track progress.

Tax planning opportunities

In some cases, structured properly, portions of refinanced debt can be reorganized for deductibility (we coordinate with your accountant).

The discipline trap

Consolidation only works if you don't run the credit cards back up. We help you build a payoff plan and—if you want it—keep accountability check-ins through the first six months. The math is the easy part. The behaviour is the work.

What you can consolidate

Credit cards, lines of credit, personal loans, car loans, tax debt to CRA, payday loans, store cards, and student loans. Anything with an interest rate higher than your mortgage rate is a candidate.

Frequently asked

Will consolidating hurt my credit?

Short-term: a small dip from the new mortgage inquiry. Medium-term: significant boost as utilization drops on revolving credit. Most clients see a 30–80 point improvement within 6–12 months.

How much equity do I need?

Enough to refinance to 80% loan-to-value and clear the debt. On a $700K home with a $400K mortgage and $80K of consumer debt, you have plenty of room. We'll run your numbers in 10 minutes.

What if my credit is already damaged?

B-lender refinances are designed for exactly this scenario. The rate is higher, but it's a 1–2 year bridge to clean credit and prime-lender pricing.