Trapped in Debt Cycle? Use Home Equity to Pay off Debt

We Help Homeowners 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 Lending Circle, 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 Real 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

Home Equity Solutions to Consolidate Debt 

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Why Choose Lending Circle?

   ✅ No income or credit score required — we lend based on equity.

   ✅ Access up to 85% of your home’s value to wipe out high-interest debt.

   ✅ Fast approvals from private & B lenders across Ontario.

   ✅ Rebuild your credit while reducing monthly payments.

   ✅ Zero bank hassle — we specialize in helping those turned away elsewhere.


Debt-Consolidation
Protect House

Settle Your Debt or Pay it?

Consumer Proposal is a method of proposing to settle your debt for a percentage of the amount you owe. Once you file a consumer proposal it reports on your Credit report for 6 years. It creates  a major challenge for borrowers as Banks or A lenders will not approve a mortgage for any individual until 2-3 years AFTER proposal has been Paid Out. Even getting a credit card becomes a challenge for most borrowers.

Home Equity Loan helps you rebuild your credit by paying off the high interest Debt & Personal items.  Your Credit Score starts to climb up once debt is gone. Improving your Credit helps you get better financing options in the future. Homeowners can easily refinance their mortgages & prospective buyers can get pre-qualified for a new home mortgage with lowest rates possible.

Why Use Home Equity?

Using the Equity to eliminate debt can be an ideal option for clients struggling to lower their debt balances. Making minimum payments towards debt can be difficult. Not only, it ties up all of your cash flow; you are unable to lower the balances. The rates on average credit cards are usually over 19.99%+. Also, Carrying high debt amounts hurts your credit score. Lending Circle helps clients pay off the debt using Home Equity Solutions. We provide direct funding to at lowest rates to help Canadians get out of debt. In some cases, it has freed up more than 50% of clients’ monthly cashflow that was tied up by several minimum payments.

Credit

Credit Repair 

Credit score is the life-line of our financial health in Canada. It will be the main deciding factor if you consider buying a house, a car or a simple credit Card.  Unfortunately, our education system is still lagging behind on how to train people to establish good credit.

Paying Off debt is just the starting step of our credit repair plan with our clients. We work closely with them throughout the mortgage term. We guide them with proven strategies & take out any guess-work. We educate our clients on different aspect of financial life that can impact their credit score.

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

What Our Clients Say

Dave Ahronson
Dave Ahronson
2022-12-09
We had the most incredible experience working with Parm and his team. We had a lot of questions as we were very unfamiliar with the process involved in getting a 2nd mortgage. He guided us through with very few issues and succeeded in ensuring our financial goal came to fruition. I highly recommend them!
Heather Harriman
Heather Harriman
2022-09-21
Excellant service .Prompt and very professional
Jessica L
Jessica L
2022-09-15
Had an excellent experience with Parm at the Lending Circle. He made a world of difference and an easy transitional process during a difficult time in trying to manage financial hardship, and I will definitely reach out to him again in the near future to renew my mortgage!!! Thanks again 😊
Harmandeep Singh
Harmandeep Singh
2022-09-10
It was great dealing with Parm and Lending Circle team. Anyone looking for a 2nd mortgage should definitely speak to them. They were able to help me with a second mortgage based on equity without any income requirements. They have lowered my monthly payment by helping me consolidate credit card debt. I highly recommend them for home equity loans especially if your income is low due to job loss or high amount of debt.
Amanda C
Amanda C
2022-08-21
We were hit with an unexpected financial rough patch during COVID. We weren’t exactly sure what to do, but knew our regular bank wasn’t wanting to help us. One quick email to the Lending Circle resulted in an immediate response with options available to us. We worked with Parm, who quickly set us on the right path and answered all questions immediately. We feel comfortable and confident working with him knowing that we are in capable hands moving forward. I definitely suggest contacting the Lending Circle for any financial requests- they are quick, reliable, thorough, and personable.
Manno Manno
Manno Manno
2022-07-07
Hello Everyone, I was in a total bind looking to get a home equity loan against my property here in Alberta. I approached Parm at Lending Circle for some guidance. He gave me options, even after I had some letdowns from a couple of lenders including the banks. Parm continued working tirelessly to find me a lender tailored to my needs. I eventually signed up and the loan was approved and the rest is history. One thing that stood out for me was his willingness to work with me even when I was getting a little frustrated. He was ALWAYS available to chat about updates and would never shy away from questions. Parm and his team at Lending Circle are by far one of the best , if not the best I have ever worked with in a difficult financing situation.
Tracey McKenzie
Tracey McKenzie
2022-06-09
This is my second time using them and they were wonderful just like the first time. I would recommend them to anyone . They ae friendly , professional, and will help you in everyway to achieve the goal of getting a loan. Love these guys. I trust them. And I'm a single mother, so if you need help, let them help you. You won't regret it.
Karie Hamilton
Karie Hamilton
2022-06-07
Parm was incredibly efficient and competent. He listened carefully to my needs and requirements and delivered! As I was fed up with a previous lender giving me the run around and changing numbers at whim, Lending Circle was transparent and made it and easy choice to move forward. I appreciate all your work and communication during a stressful time. Thank you!
Victoria Vaitkus
Victoria Vaitkus
2022-04-22
Parm from Lending Circle was great through the whole mortgage renewal process. Very responsive, insightful and able to answer all my questions. Overall a great customer experience. Thanks.