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Debt Consolidation

Book A Debt Consolidation Review

Restructure what you owe so it’s manageable, trackable, and moving in the right direction.

Multiple payments, different due dates, high interest, and balances that never seem to shrink—that’s usually the point where people start looking at rolling debt into their mortgage. The idea can be powerful, but it’s not automatically the right move. The numbers, the habits, and the long-term impact all have to line up. This service is about running that analysis properly, then—if it’s in your favour—designing a consolidation that actually helps instead of just shuffling balances around.

What Debt Consolidation Through Your Mortgage Can Achieve

Consolidating into your home can lower your overall borrowing cost and simplify your monthly obligations—but it has to be done with intent. We look at where you are now, how you got there, and what a single, structured payment could realistically change.

Simplified Payment Structure

Instead of juggling cards, lines of credit, and loans, you move to one main obligation with a fixed schedule. That makes it much easier to see progress, plan your cash flow, and avoid missed or late payments driven purely by complexity.

Interest Cost Reset

High-rate revolving balances are expensive to carry, especially if you’re barely hitting minimums. By shifting eligible debt into a lower-rate mortgage facility, more of each payment goes toward principal rather than interest—provided the new structure is set up correctly.

A Clear Path Out, Not Just Sideways

We’re not interested in “freeing up room” on cards so they can be run back up. The objective is a defined timeline to clearing what you owe. Part of the work is agreeing on what happens after consolidation so you don’t end up in the same place a few years down the road.

How We Evaluate Whether Consolidation Makes Sense

Not every situation warrants tying more debt to your home. We run the full picture first and only recommend moving ahead when the benefits are concrete and the risks acceptable.

Full Debt Inventory

We itemize everything: balances, interest rates, minimum payments, and remaining terms for each obligation. That lets us see where your money is going now and which debts are doing the most damage.

Stress-Testing Your Budget

We look at your income, fixed expenses, and realistic living costs, then compare your current monthly debt load to what it would look like after consolidation. The question is simple: does the new structure leave you on stronger footing, or just make the month feel easier while stretching the problem out?

Impact On Future Flexibility

Using home equity to clean up debt can help, but it also means more of what you owe is now backed by your property. We talk through what that means for future borrowing, possible moves, and how comfortable you are with that trade-off.

Step-By-Step Path From Multiple Debts To One Plan

Bringing everything together is a process, not a button. We break it into clear stages and keep you informed at each point.
Step 1

Discovery And Objective Setting

We start with a frank conversation about how the current set of debts built up, what you’re struggling with month-to-month, and what “success” would look like—lower payments, a specific payoff date, or both.
Step 1
Step 2

Scenario Comparison

Using your real numbers, we compare two or three options: stay as you are, consolidate part of what you owe, or consolidate more aggressively. For each, you’ll see the changes in payment size, interest over time, and the date at which you’d be debt-free if you stick to the plan.
Step 2
Step 3

Structure And Lender Selection

If consolidation clearly helps, we decide how to implement it: new mortgage, refinance, or adding a home equity component. We then select a lender and product that supports the plan—focusing not just on rate, but on term, prepayment options, and how easy it is to pay extra when you’re ready.
Step 3
Step 4

Implementation And Follow-Through

Once approved, funds are used to clear the targeted debts, accounts are closed where appropriate, and we put a straightforward repayment approach in writing so you know exactly what to do going forward.
Step 4

Situations Where This Approach Is Usually Effective

Debt consolidation isn’t a cure-all. There are patterns where it tends to be a useful tool—provided behaviour shifts along with structure.
Debt Consolidation

High-Rate Revolving Balances

If most of your strain is from credit cards and unsecured lines of credit, and you’re making progress painfully slowly, lowering the interest rate through a mortgage-backed solution can change the trajectory significantly.

Frequent Balance Transfers Or Shuffling

If you find yourself routinely moving balances between promotional offers just to keep your head above water, that’s a sign the current system isn’t sustainable. A single, structured payoff plan is often more realistic.

Multiple Loans With No Coordinated End Date

Car loans, personal loans, store financing, and lines of credit can create a mess of different end dates and payment sizes. Consolidation can help turn that into one clear timeline instead of a patchwork.

Strong Income, But No Traction

Some clients earn well but are stuck because old debts and high rates soak up too much of each paycheque. In those cases, restructuring can unlock the ability to save and invest again—if spending habits are adjusted at the same time.

FAQs

No. Lower rates can still cost more if you dramatically extend the repayment period and never pay extra. We’ll show you both the short-term relief and the long-term cost so you can decide what’s acceptable.
If you roll unsecured balances into a mortgage, they become tied to your property. That can be a smart use of equity—but only when paired with a plan to avoid rebuilding the unsecured debt afterward.
Consolidation that isn’t paired with boundary lines—limits on new borrowing, a revised budget, or specific habits—usually doesn’t stick. We’ll talk about what needs to change and how realistic that is for you.
Yes. Part of the plan can include periodic check-ins and extra payments. If income increases or expenses drop, you can redirect some of that margin to accelerate payoff and shorten the effective term.

Getting Started With A Consolidation Review

The right time to look at consolidation is when making all your payments is possible—but feels like you’re running hard to stay in the same place, or when you’re worried that one disruption would knock everything off balance. To begin, you don’t need a perfect spreadsheet—just: A list of your current debts, rough balances, and interest rates. Your approximate monthly take-home income. A sense of what you’d like your monthly obligations to look like instead. From there, I’ll build a clear comparison between your current setup and a potential consolidation plan, and we’ll decide together whether it’s a move that genuinely improves your situation.
Schedule Your Debt Consolidation Review
Prefer email or a brief call first? Share a quick snapshot of your debts and we’ll start from there.
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