open menu

Debt Consolidation

Debt Consolidation

First Canadian Mortgage Debt Consolidation Loans Put You Back in Control of Your Finances

Q. How much time are you spending paying bills each month?

Q. How much money are you losing in interest payments?

Q. Do you feel like you will never get out of debt?

If you answered yes to any of these questions, a debt consolidation loan may be the perfect solution for you. We can help you save money on your interest payments and combine all of your bills into one single, low monthly payment.


Understanding How Debt Consolidation Works

Debt consolidation doesn’t reduce the amount of principal you owe your creditors. But, it can save you a lot of money on interest payments, making it possible for you to get out of debt faster and lower the amount of money you spend on your bills each month.

First Canadian Mortgage gives you a second mortgage on your home. That money is used to pay off your other debts. Instead of having to make payments to several credit card companies, your car loan, or other consumer debt, you simply make one payment each month on your second mortgage.

Because this debt consolidation loan is a second mortgage, most customers are able to see their interest rates go way down. This means you have a lower total monthly payment and that your debt will be on track to be paid off faster than if you were still paying high interest rates.

What If I Have Bad Credit?

While every case is different, we understand that if you need a debt consolidation loan, your credit won’t be perfect. Our mission is to help you take back control of your finances. Our motto is “If the banks say no, call us.”

We look at you as more than a credit score. Our debt consolidation program is designed to help get you back on your feet by reducing your monthly expenses and lowering the amount of interest you are paying.

How Do I Get Started With a Debt Consolidation Loan?

Getting started couldn’t be easier. All you need to do is contact us to speak with one of our debt consolidation specialists. We will guide you step-by-step through the entire process.

Stop Wasting Money on High Interest Payments. Contact Us Today to Get Your Debt Consolidation Loan Started.