Loan option
Debt Consolidation in the GTA
A debt consolidation loan against your home replaces multiple high-interest balances — credit cards, lines of credit, personal loans — with a single payment secured by your equity, typically at a meaningfully lower interest cost than unsecured debt.
When homeowners use a debt consolidation
- Combining several credit-card balances into one fixed payment
- Paying out a consumer proposal early
- Clearing unsecured loans or collections to protect your credit going forward
- Freeing up monthly cash flow to stabilize household finances
How equity-based qualification works
Qualification is built around your equity position and the new payment fitting your cash flow — not your credit score alone.
As a general Ontario rule, lending partners want the combined balance of every mortgage that will sit against the property — first, second, and so on — to land at roughly 75%–80% of the appraised value. We are a referral service, not a lender; final pricing and approval are determined by the licensed lending partner.
Debt Consolidation by city in the GTA
Browse debt consolidation options in your area. Each page reflects local housing context, but the underlying program is the same equity-based approach.
Other GTA & Ontario cities
Lending Options Across the GTA
Explore equity-based lending options by type and by city. We connect homeowners across the Greater Toronto Area with our network of licensed lending partners.