Debt Consolidation Mortgage Broker in the GTA
Roll your high-interest debt into your mortgage and free up hundreds (or thousands) in monthly cash flow.
Credit card balances at 20%+. Unsecured line of credit at 12%. Car loan, personal loan, store cards. Minimum payments adding up to $1,500–$3,000 a month that feel like they never go down. If that’s you, you’re not alone — and your home equity might be the way out.
I’m Kevin Singh Dhaliwal, a GTA mortgage broker with 12+ years of experience. I help homeowners consolidate unsecured debt into their mortgage, cut monthly payments dramatically, and actually start making progress on the principal instead of just treading water on interest.
The Math (Why This Works)
The average GTA homeowner carrying $50K in unsecured debt pays $1,200–$1,800/month just in minimum payments at 15–22% interest. Roll that into a mortgage at 5–7% and you might cut that monthly payment by $700–$1,100 — and your debt actually shrinks instead of compounding.
Consolidation doesn’t make your debt disappear. It makes it manageable, at a fraction of the interest, so you can actually pay it down.
Ways to Consolidate
- Refinance: Break your current mortgage and roll the debt into a new, larger one. Best when rates have dropped or you’re near renewal.
- HELOC: Add a line of credit to your existing mortgage, pay off the high-interest debt, service the HELOC at prime-ish rates.
- Second mortgage: Keep your first mortgage, add a second-position loan that pays off the unsecured debt. Best when your first has a low locked-in rate.
- Private consolidation: If credit is bruised, a private lender can consolidate now and set you up to transition to an A lender in 12–24 months.
I run the math on each so you can see which path actually saves the most.
Why Work With Me
- 12+ years as an active GTA mortgage broker
- Experience with A, alt-A, and private lenders who fund consolidation deals with bruised credit
- Honest math so you know exact monthly savings and total cost before you commit
- A real plan to rebuild credit and transition to A-lender pricing once you’re stable
- No judgment — debt happens. The goal is getting you unstuck.
My Process
- Discovery call — 20 minutes, no cost. Tell me what debt you’re carrying and what you’re paying monthly.
- Consolidation math — I build a side-by-side of your current payments vs consolidated payments so you see the real savings.
- Lender matching — I shop your file to the lenders who fund consolidation files with your credit profile.
- Approval and payout — I coordinate with your lawyer to pay off the creditors directly at closing.