Debt Consolidation Mortgage in Canada

A debt consolidation mortgage in Canada is the most common form of mortgage refinancing we do at Verico Mortgage Options. Credit seems to be so readily available everywhere, and at interest rates between 20 and 30%, why wouldn't stores push these credit products. Getting rid of high interest credit cards and loans is the first step toward putting your financial house back in order.

Saving money is not the only reason to consolidate your debts. Many of our clients explain to us after doing a debt consolidation mortgage in Canada that the stress in the household was really wearing on them and the new home loan has given them a new lease on life. If you are feeling the pressure of high payments, talking to one of our Canadian mortgage brokers could be the first step toward getting your life back on track.

In order to be qualified for a debt consolidation mortgage in Canada you need to be a home owner with some equity (we can go as high as 85% of the value of your home). Don't wait until you are falling behind on payments, that will only make it tougher to qualify; this problem is much easier to solve before it becomes a problem.

Once we analyze your situation and give you the options, we will explain which ones will make the most sense based on your situation. Call us today to discuss whether a debt consolidation mortgage in Canada is right for you.