David Ponce - Mortgage Broker and Financial Recovery Expert

A broker like no other

Although a full mortgage broker in every sense of the law, David Ponce has chosen to specialize in only one type of transaction: cashout refinances for the purposes of debt consolidation. With over 8 years of experience, he's helped thousands of clients get back on solid financial footing, often when they were on the brink of collapse.

After a thorough analysis to make sure it made sense to go forward, David was able to help client after client with difficult credit situations get the cash needed to pay off crippling debt. Situations like: undischarged consumer proposals, recently discharged bankruptcies, credit scores in the 500's and 400's, multiple lates, legal mortgages, etc.

The idea is that everyone deserves a second chance at putting some zen into their financial life, and David has made it his mission to listen without judgement, and help whenever possible.

Turnkey service

Group all your balances into 1 single payment with a low rate. We take care of everything, from A to Z and all of it without you having to leave your home!

Our service includes

Monthly payment reduction

This is our main tool to help you get your finances under control again. With a cashout refinance for the purpose of debt consolidation we can lower your overall debt repayment obligations, sometimes by as much as 50%!

Credit score improvements

One of the main reasons for a low credit score is cards and lines of credit being close to their allowed limit. It's even worse when they're over limit. Being able to pay these off will have a dramatically positive impact on your score, often increasing it by dozens of points!

Repairs

You don't remortgage your home everyday. So whenever it's possible, we try to avoid future debts by seeing if we can get you the money to do something else that's useful now, like home repairs, in the same process as the debt consolidation. This way you can not only lower your payments, but add value to your home at the same time.

Watch a full Case Study

Understand the basics of our service

This is how it works

In the following video you can watch a complete case study. It provides an overview of the types of files we handle, the financial contexts requiring intervention, and the numbers that might prompt a refinance for debt consolidation.

The video also talks about the potentially negative aspects of the manoeuvre and provides needed perspective to make an informed decision.

Watch other videos

Finally leave your debts behind