★★★★★
"Kevin was patient and walked us through every number. We went from juggling four different bills to one payment we can actually plan around."
Dave & Michelle
Sarnia, ON
Ontario homeowners are turning equity in their property into a single, lower-rate monthly payment — replacing credit card balances, lines of credit and other unsecured debts with one refinanced mortgage. Access to over 100 Canadian lenders through a licensed Ontario brokerage.
Kevin leads Ontario Consolidation Services from Goderich, working with homeowners across the province — from Sarnia to Timmins, Cornwall to Chatham. With a dedicated team and access to 100+ Canadian lenders, OCS's approach is straightforward: review the numbers, walk through the real trade-offs, and find out whether a mortgage refinance makes sense to consolidate your unsecured balances.
Every consultation starts with the numbers a homeowner already has, not a sales pitch. If it's not the right fit, we'll say so.
No paperwork marathons, no surprise fees. Just a clear look at what's possible.
Takes about 2 minutes. We ask about the property and the amount a homeowner is looking to consolidate — no credit check at this stage.
A FSRA-licensed Ontario mortgage broker reviews the answers and confirms which of 100+ lender products could fit. Typically same-day callback.
If the product is the right fit, existing unsecured balances are paid out and rolled into one refinanced mortgage with a single monthly payment.
Individual experiences are the client's own. Results vary based on property equity, credit profile, and lender approval.
"Kevin was patient and walked us through every number. We went from juggling four different bills to one payment we can actually plan around."
"We had been turned down at our bank. OCS pulled from lenders we hadn't heard of and found a refinance that actually worked for our situation."
"Straightforward, no-pressure conversation. They told us up front what they couldn't help with — and then helped with what they could."
We say this up front because it saves everyone time.
Each path has trade-offs. This is how OCS's product compares to two common alternatives.
| Mortgage Refinance (what OCS offers) |
Consumer Proposal (LIT only) |
Debt Management Plan (credit counselling) |
|
|---|---|---|---|
| Who provides it | Licensed mortgage brokerage | Licensed Insolvency Trustee | Non-profit credit counsellor |
| Insolvency filing on record | No | Yes — R7 flag up to 3 years after completion | No (but R7 flag during program) |
| Keep 100% of assets | Yes | Yes (most cases) | Yes |
| Secured against the home | Yes — default risks the property | No | No |
| Requires homeownership + equity | Yes | No | No |
Takes about 2 minutes, no credit check, no obligation. A licensed Ontario broker will review the numbers and follow up.
No. Ontario Consolidation Services is a licensed Ontario mortgage brokerage (FSRA Licence #{{FSRA_LICENCE}}). OCS does not file consumer proposals or bankruptcies. Those filings can only be handled by a Licensed Insolvency Trustee, who is regulated by the Office of the Superintendent of Bankruptcy Canada.
A mortgage refinance uses a homeowner's existing property equity to pay off unsecured balances such as credit cards, lines of credit and personal loans. The existing accounts are paid to zero and the balances are rolled into one new refinanced mortgage, replacing multiple monthly payments with a single consolidated payment.
Individual outcomes vary significantly based on property equity, current interest rates, lender approval, and the amount being consolidated. A licensed broker will walk through the specific numbers before any decision is made. OCS does not guarantee savings or approval.
The initial inquiry involves no credit check. When a homeowner proceeds with an application, the lender will pull credit, which typically causes a short-term dip. Consolidating high-utilization unsecured debt often helps credit utilization over time, but credit outcomes vary by individual.
If a refinance is approved and the homeowner proceeds, the new mortgage proceeds pay off the existing unsecured balances directly. Those accounts are then closed (in the case of credit lines) or paid to zero, leaving one consolidated mortgage payment.
The honest trade-off: a refinance converts unsecured debt into secured debt against the home. If future mortgage payments are missed, the property is at risk in a way it wouldn't be with unsecured credit card debt. The repayment period is also usually longer, which can mean more total interest paid over time — even at a lower rate. This is a real trade-off that should be walked through with the broker before committing.
There is no fee for the initial consultation. Mortgage transactions themselves involve standard costs (appraisal, legal, lender fees where applicable) which are disclosed in writing before any signing. OCS does not charge upfront fees to consumers.
Ontario only. OCS is licensed by the Financial Services Regulatory Authority of Ontario (FSRA) and serves homeowners across the province, with particular focus on smaller towns and communities outside the major metros.