✔ higher mortgage payments
✔ higher credit card balances
✔ higher cost of living
✔ no breathing room
Debt doesn’t just affect your money. It affects your sleep, your stress, your family, and your future.
The truth is… you may be paying thousands in interest you don’t need to — and your home equity could be the solution.
Many Ontario homeowners are using home equity & private mortgages to consolidate debt, lower monthly payments, and finally breathe again.
Lendworth helps homeowners do exactly that.
Why Debt Has Exploded for So Many Canadians
Over the last few years, life got more expensive fast:
Interest rates jumped
Credit card rates hit 20%+
Lines of credit tightened
Banks tightened approvals
So balances grow… and payments feel never-ending.
But if you own a home, you may already be sitting on the solution: equity.
How Debt Consolidation Using Home Equity Works
If your home has equity, you can:
1️⃣ Roll high-interest debts into your mortgage or a second mortgage
2️⃣ Replace 20%+ interest debt with lower-rate financing
3️⃣ Reduce monthly payments by 40–60% or more
4️⃣ Get one simpler payment instead of many
Even if:
❌ your credit isn’t great
❌ the bank already said “no”
❌ you’re self-employed
❌ you’re behind on payments
We focus on property value + available equity, not just your credit score.
📉 Real Example — See How Much Homeowners Are Saving
BEFORE Debt Consolidation
Credit Cards: $35,000 @ ~19.99% → ~$1,050/month
Line of Credit: $25,000 @ ~11% → ~$550/month
Car Loan: $22,000 @ ~9% → ~$500/month
Personal Loan: $18,000 → ~$450/month
Total Monthly Payments: $2,550/month
High interest. No relief. Constant stress.
AFTER Debt Consolidation (Using Home Equity)
All debt rolled into a mortgage/second mortgage.
Approx. Payment: $950–$1,300/month
🟢 Monthly savings: $1,200–$1,600+
🟢 One simple payment
🟢 Lower interest
🟢 Credit stops bleeding
That’s 40%–60% LESS every single month.
And for many clients?
It’s the difference between drowning and finally breathing again.
Why Banks Say “No” (But We Don’t)
Traditional banks decline consolidation requests if you:
Have bruised credit
Have high utilization
Recently fell behind
Are self-employed
Don’t fit their strict criteria
But tough times shouldn’t permanently punish you.
Private mortgage solutions are designed to help you stabilize, reset, and rebuild.
Who This Helps Most
We help Ontario homeowners dealing with:
✔ credit card debt
✔ payday loans
✔ high-interest personal loans
✔ car payments
✔ CRA tax debt
✔ mortgage arrears
If there is equity, there is almost always a solution.
How Fast Can This Happen?
Many approvals happen within 24–48 hours, with fast funding that helps you:
stop late payments
reduce stress
get financial stability back
Confidential. Compassionate. No judgment.
FAQ — Debt Consolidation Mortgage Ontario
Will this hurt my credit?
Most clients see improvement once debt balances drop and payments become manageable.
Can I qualify with bad credit?
Yes — we focus on equity, not just credit score.
Is this long-term?
Many use it short-term to stabilize, then refinance later when life improves.
Is this confidential?
Absolutely.
See How Much You Can Save — Get a Free Assessment
If your debt feels overwhelming, you’re not alone — and you DO have options.
Let’s look at your numbers and see how much you could save.
📞 Call: 905-597-1225
📩 Email: info@lendworth.ca
🌐 Apply online: lendworth.ca
See how much you can save — get a free assessment with Lendworth.