Consolidate Debt
Trapped in a Debt Cycle?
Pay off Debt & Rebuild Credit
Drowning in debt and stuck making minimum payments? You’re not alone — and you’re not out of options.
At CreditReboot Mortgages, we help homeowners across Ontario consolidate high-interest debt using the equity in their homes. Whether it’s credit cards, personal loans, collections, or overdue bills, we offer smart, fast, and flexible mortgage solutions — even if you’ve been declined by your bank.
Real Solutions for Homeowners
- If your debt feels like it’s growing faster than your income…
- If you’re stuck in a cycle of high-interest payments…
- If your current lender said “no” because of your debt-to-income ratio…
It’s time to take control.
We help homeowners tap into their home equity to:
- Consolidate credit card debt
- Pay off payday loans or high-interest loans
- Catch up on bills
- Break free from minimum payments
Start your Pre-Approval Online — Or Call Us Today!
Home Equity Solutions to Consolidate Debt
Why Homeowners choose CreditReboot
We believe your equity should work harder than your credit score. Here’s how we help:
- We lend based on equity — not just credit or income
- Up to 85% of your home’s value can be unlocked to wipe out high interest debt
- Fast digital approvals private and A/B lenders
- No bank hoops or judgment — we specialize in those turned away by others
- Ongoing support to rebuild credit while you pay less
Settle Your Debt or Pay it?
Consumer Proposal
A consumer proposal might sound like a quick fix, but it comes with long-term consequences. Once filed, it stays on your credit report for 6 years. Most banks and A-lenders won’t approve a mortgage until 2–3 years after the proposal is fully paid out.
Home Equity Loan
You can pay off high-interest debts right away and start rebuilding your credit immediately. Once those debts are cleared, your credit score begins to recover, opening doors to better mortgage rates, refinancing options in the future. Instead of being stuck, you’re moving forward.
The Bottom Line:
A consumer proposal settles debt but keeps you locked out of prime lending for years. A home equity loan pays off debt, reboots your credit, and sets you up for better future.
Why Use Home Equity?
Relying on minimum payments keeps you stuck. High-interest debts like credit cards (often 19.99%+) eat up your cash flow while your balances barely move. Carrying heavy debt not only drains your wallet but also drags down your credit score.
At CreditReboot Mortgages, we help homeowners wipe out debt using smart Home Equity Solutions. By leveraging your equity, we can secure funding at much lower rates than credit cards or personal loans. In many cases, our clients have freed up over 50% of their monthly cash flow by consolidating multiple payments into one manageable loan.
Credit Repair
In Canada, your credit score is the backbone of your financial health. It affects everything — from getting approved for a home or car to something as simple as a credit card. Yet most of us were never taught how to build or protect it.
At CreditReboot Mortgages, paying off debt is just the first step. We stay connected with our clients throughout their mortgage term, offering proven strategies and clear guidance so there’s no guesswork. Our goal is to help you understand the everyday decisions that impact your credit and put you on a path toward stronger financial stability.
Additional Benefits
- Pay off Credit Card Balances
- Make 1 Monthly Payment
- Get Cash in Hand
- Rebuild Credit in 6 Months
- Free-Up Monthly Cash Flow
- Reduce Monthly Expenses by 50%
- Get 6-12 Months with No Payment
- Lower Credit Utilization below 30% to boost Beacon Score
- Qualify for Lower interest Rates
- Improve Credit For Better Future
- Avoid Consumer Proposal or Bankruptcy
- Save Money for a Rainy Day
- Catch up on Life Goals
Type of Mortgages & Home Loans
Private Mortgage
Home Purchase
Reverse Mortgages
What Our Clients Say
Expectations exceeded! Parm, I had an incredible experience working with you and I just want you to know how much I appreciate your service as a mortgage broker, as well how professional and efficient you are. All my requests for my mortgage was well taken care of and I couldn't ask for more. Once again thank you very much for your special service!
Claudia Ingabire
Parm definitely has a passion for what he does and you can tell he is very knowledgeable and precise when giving advice. His customer service is amazing and he makes you feel secure with the logistics of the transaction. He takes extra steps to be more helpful than he has to be. Thanks Parm for your service.
Oscar Diaz
The entire process was extremely smooth from start to finish. Especially with the Pandemic everything was done online. Parm was always there answering my many questions and was so patient with me.I would highly recommend anyone to use his services.He is knowledgeable and upfront. Excellent service guaranteed.
Valerie Black
You deserve a better option.
Being declined by banks can leave you feeling helpless and anxious about your finances. At CreditReboot Mortgages, we specialize in home equity solutions tailored for homeowners like you. We understand your uncertainty and aim to help you regain financial freedom. With a streamlined process and dedicated support, you can finally take control and breathe easy knowing you’re on the right path to improving your financial standing.