✽ Serving Ontario
Why Home Equity Debt Consolidation Works
Lower Payments
Replace multiple high-interest debts with one structured mortgage payment and create a clearer monthly cash-flow plan.Equity-Based Approval
Financing may be available based primarily on your property value and available equity, including with credit or income challenges.
Flexible Mortgage Structures
Depending on your situation, consolidation may be structured through a refinance, first mortgage, second mortgage or home equity solution.
What Debts Can You Consolidate?
Eligible debts can be paid out as part of a refinance or second mortgage, depending on your available home equity and overall financing structure.
✔ Credit card debt
✔ Personal loans
✔ Lines of credit
✔ Mortgages
✔ Collections
✔ CRA tax arrears
✔ High-interest loans
✔ Overdue bills
✔ Business debt
How a Debt Consolidation Mortgage Works
A debt consolidation mortgage uses available home equity to pay out selected debts and replace them with a mortgage-based financing structure.
Depending on your existing mortgage, interest rate, penalties and available equity, the solution may involve refinancing the first mortgage or adding a second mortgage without breaking the existing first mortgage.
Who Qualifies?
Designed for Borrowers Who Don’t Fit Traditional Bank Requirements.
Own a home in Ontario
Have 20–25% equity
Need fast or flexible mortgage options
Self-employed, bad credit, or non-traditional income
Bank declined you
Need to consolidate high-interest debt
How it Works
Request a Review
Share basic property details — no obligation.
Equity Review
We assess property value and available equity (not just credit).
Fast Funding
Once due diligence is complete, funds are released.
Why Homeowners Choose Lendworth
Lendworth helps Ontario homeowners consolidate debt by replacing multiple unsecured payments with one clear, structured solution based on equity.
We focus on property value and realistic solutions — not rigid bank rules or slow approvals.
Is Debt Consolidation the Right Mortgage Strategy?
Debt consolidation should improve your overall financial position — not simply move debt from one place to another. Before proceeding, the mortgage structure should be reviewed against your existing interest rates, mortgage penalty, lender and legal fees, monthly obligations and longer-term repayment plan.
Monthly Cash Flow
Compare your existing monthly debt payments with the proposed mortgage payment.
Total Financing Cost
Consider interest, lender fees, legal costs and any penalty for changing your existing mortgage.
Exit Strategy
If private financing is used, understand how the mortgage will ultimately be repaid, refinanced or discharged.
Trusted by Ontario Homeowners Who Need Fast, Flexible Debt Consolidation Solutions.
Lendworth helps you lower payments, eliminate stress, and regain control.
Top Debt Consolidation questions answered
Lendworth is a direct private mortgage lender.
Potentially. If you have sufficient home equity, funds from a refinance, second mortgage or other home equity solution may be used to pay out high-interest credit cards and other eligible debts.
It depends on your existing mortgage rate, prepayment penalty, available equity, credit profile and financing needs. In some cases, keeping an attractive first mortgage and adding a second mortgage may make more sense than refinancing everything.
Credit challenges do not automatically prevent private mortgage financing. Private lenders generally place significant emphasis on property value, available equity, mortgage position and the overall repayment strategy.
The amount required depends on the property, existing mortgage balances and requested financing. Lendworth reviews the proposed loan-to-value and overall mortgage structure before presenting available options.
Lendworth delivers clear, equity-based lending decisions — without complicated bank rules.
Ready for Fast, Flexible Financing?
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