Edmonton · Calgary · Vancouver — We Say Yes When Banks Say No
Debt Consolidation in Vancouver
Vancouver homeowners are consolidating credit cards, car loans, and high-interest debt into their mortgage — saving thousands per year. Even with Metro Vancouver property values, we help you leverage your equity. Even if the bank turned you down, we say yes.
Use your Vancouver home equity to consolidate debt. No credit check to start.
40+ Vancouver lendersNo credit check to startConsumer proposals welcomeSelf-employed programsKeep your first mortgage rate
How Debt Consolidation Works for Vancouver Homeowners
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Consolidate High-Interest Debt
Roll credit cards, car loans, and store credit into your mortgage at a far lower rate. Average Vancouver homeowner saves $19,000 per year by consolidating into a refinance or second mortgage.
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One Payment Instead of Many
Simplify your finances with a single monthly payment that replaces four, five, or six different creditors. Your mortgage payment becomes your only bill to track — no more missed due dates.
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Approval Even With Bad Credit
Banks look at your credit score. We look at your home equity. If you've been turned down elsewhere due to a consumer proposal, bankruptcy discharge, or poor credit — we have lenders who still say yes.
Metro Vancouver's real estate market offers significant equity opportunities for Vancouver homeowners. With typical home values in the $700,000–$1,200,000 range, many Vancouver homeowners hold $200,000–$600,000 in usable equity — even after their first mortgage is accounted for. Fraser Valley properties have also seen substantial value growth, expanding equity options across the region.
That equity can be leveraged through a refinance or second mortgage to pay off high-interest consumer debt at rates typically 8–15 percentage points lower than credit cards or car loans. A $40,000 credit card balance at 24% APR replaced by a $40,000 second mortgage at 9% APR saves approximately $6,000 per year in interest alone.
Common debt scenarios in Vancouver that we help with: high mortgage payments relative to income in Metro Vancouver, credit card accumulation from everyday living expenses during high-cost periods, debt carried through separation and divorce, medical expenses not covered by BC Medical Services Plan, and self-employed income fluctuations common in Vancouver's tech and creative industries. The BC Property Transfer Tax may also apply when refinancing — our brokers will factor this into your plan.
Frequently Asked Questions
Yes. Vancouver lenders look primarily at your home equity rather than your credit score. If you've been turned down elsewhere due to poor credit, a consumer proposal, or bankruptcy discharge, you may still qualify for a debt consolidation mortgage using your Metro Vancouver home equity. Titus Financial works with 40+ lenders including private lenders who specialize in non-prime borrowers.
Vancouver homeowners who consolidate typically save $15,000–$25,000 per year in interest charges. This comes from replacing high-interest credit cards (often 19–24% APR), car loans (7–12%), and store credit (25%+) with a mortgage or second mortgage rate (typically 7–12%). The exact savings depend on your total debt balance, current interest rates, and the amount of equity available in your Vancouver home.
It depends on the structure you choose. A refinance replaces your existing mortgage with a new, larger one that includes your consolidated debt — your old lender is paid out and you start fresh with a new rate and term. A second mortgage adds a second loan behind your existing first mortgage without disturbing it. Both options allow you to consolidate debt; the right choice depends on your current rate, remaining term, and equity position.
In BC, a refinance means replacing your existing first mortgage with a new, larger one — this involves paying out your current lender and starting fresh, which triggers BC Property Transfer Tax on the refinanced amount. A second mortgage registers as a second lien behind your existing first mortgage without disturbing it — noProperty Transfer Tax applies. For Vancouver homeowners with a strong existing rate, a second mortgage is often the smarter choice to access equity while keeping your current first mortgage rate intact.
Most debt consolidation applications through Titus Financial are pre-approved within 24–72 hours. The full process — from application to funding — typically takes 5–14 business days depending on whether you pursue a refinance or second mortgage and whether there are existing mortgages to pay out. We prioritize speed because we know accumulating debt gets more expensive every month you wait.