Khan Mortgages

Stop High Interest: Consolidate Your Debt and Save Today

Your home is your greatest financial asset. Use it to consolidate your debt into one low-interest monthly payment. At Khan Mortgages, we help Mississauga homeowners regain financial freedom with expert refinancing and equity solutions.

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Streamline Your Finances with a Debt Consolidation Mortgage

If you are struggling with multiple high-interest payments, choosing to consolidate your debt through your mortgage can reduce your monthly outflows by up to 70%. At Khan Mortgages, we specialize in leveraging your home’s equity to pay off credit cards, personal loans, and car payments, rolling them into a single, manageable First Mortgage or Second Mortgage. By following the fiscal safety guidelines established by the Canada Mortgage and Housing Corporation (CMHC), we ensure that your refinancing plan is sustainable and builds long-term wealth. Our team has deep roots in the Mississauga lending market, providing access to Private Mortgage options for those with credit challenges and prime rates for those looking to optimize their cash flow.

 

Whether you want to improve your credit score or simply have more breathing room in your budget, our tailored solutions make it happen. Contact Khan Mortgages today to see how much you can save by choosing to consolidate your debt with Mississauga’s top-rated mortgage experts.

Stress-free Mississauga homeowner successfully using a mortgage to consolidate your debt and save on monthly interest with Khan Mortgages.

Private Mortgage

Looking for a loan or a mortgage when you have a bad credit score or a bankruptcy in your name can be highly frustrating. Helping you get the Private Mortgage you need.

Bad or Poor Credit

Do you have bad or poor credit and are trying to get a mortgage but it's proven to difficult? We might be able to help. We have options to help those with bad credit get the mortgage they need.

Home Equity Line of Credit (HELOC)

A HELOC can be a great way to access needed money for those important things that come up in life. Helping you get the Home Equity Line of Credit you need.

Self-Employed Mortgages

We work with lenders from all across Canada that offer excellent mortgage options for self-employed Canadians like yourself. Helping you get the Self-Employed Mortgage you need.

Consolidate Your Debt

Why Choose Khan Mortgages?

    • Instant Cash Flow: Most clients save $1,000+ per month by switching from 20% credit card interest to mortgage-level rates.

    • Credit Score Repair: Paying off revolving debt with a consolidation loan can lead to an immediate boost in your credit score.

    • Flexible Lending: We offer Private Mortgage and Second Mortgage products that help you qualify even if the big banks say no.

    • Local Mississauga Expertise: We understand local property values, ensuring you get the maximum equity takeout possible.

How does it work?
How do I get started?

At Khan Mortgage, we’ve simplified the mortgage process to make it as easy and seamless as possible. Our network of experienced mortgage professionals will guide you through every step of the way.

1. Find an Agent or Broker

Find the expert you want to collaborate with.

2. Apply Safely Online

Approximately 5 minutes is all you need.

3. Get Your Funding Fast

When all goes according to plan, funding is swift!

best mortgage rates in Mississauga

frequently asked questions

Find answers to your most pressing mortgage questions in our Frequently Asked Questions section.

The savings are often significant. By moving high-interest debt (often 19%–29% on credit cards) into a mortgage rate in the 4%–6% range, you drastically reduce interest costs. This allows more of your payment to go toward the principal, helping you become debt-free years sooner.

Yes. Unlike traditional personal loans that rely heavily on credit, a mortgage-based consolidation uses your home’s equity. Khan Mortgages has access to Private Mortgage lenders in Mississauga who prioritize your property’s value over your credit history, making relief accessible to everyone.

A refinance replaces your entire First Mortgage with a new one that includes your debt amount. A Second Mortgage is a separate loan that sits behind your first, which is ideal if your current first mortgage has a very low interest rate you don’t want to lose. We help you calculate which option saves you more.

In Canada, you can typically refinance up to 80% of your home’s appraised value. For example, if your home is worth $800,000, you can have a total mortgage of up to $640,000. Any amount between your current mortgage and that $640,000 limit can be used to pay off your debts. Contact Khan Mortgages today for a free equity assessment.