7 Common Uses of Reverse Mortgages
I wanted to take a moment and share some information with you about a product that is becoming popular with Canadians aged 55 and older. Reverse Mortgages This unique financial tool offers many benefits that no other product can offer. With Reverse Mortgages in...
Alternative to Downsizing a Home
Downsizing a home over getting a reverse mortgage is often seen as the safe choice, but watch out – the numerous expenses can add up. Costs of downsizing a home: Expenses include: Canadian Land Transfer Tax ( 1% of the 1st $200,000 PLUS 2% for the amount between...
4 Reverse Mortgage Myths Defeated
Reverse mortgages have come a long way. They have evolved from a needs-based product to a solution that many financial planners recommend as an important component of a comprehensive retirement plan. Unfortunately, there are still many reverse mortgage myths out...
Can a CHIP reverse mortgage give you the dream retirement?
Do you have the funds to live the retirement you’ve been dreaming of? If you’re like many Canadians, you may find yourself house rich but short on funds. The good news is that if you’re a homeowner who is 55+, there’s a solution to help you live the life you’ve always...
Satisfied CHIP Reverse Mortgage In Canada clients
I thought the best way to have you understand the values of a CHIP Reverse Mortgage would be by providing a few Testimonials from real clients. A CHIP Reverse Mortgage in Canada can of course be used for many more purposes but this shows how a life can be changed. 4...
Feel right at home with a Reverse Mortgage In Canada
I will do my best to make you feel at home with the best options for you and your Reverse Mortgage In Canada. For the sake of simplicity, I will use programs administered by HomeEquity Bank for my explanations. CHIP Reverse Mortgage In Canada: This is the most popular...
Reverse mortgage debt relief
Over 55 and having stress keeping up with payments on outstanding debts? Consider Reverse Mortgage debt relief to give you the retirement you worked so hard to get. Recent reports have found consumer debt hitting new levels amid soaring inflation, reaching over $2....
Homeowners 55+ can use a Reverse Mortgage as a down payment.
Homeowners 55+ can use a Reverse Mortgage as a down payment. In our challenging times and expensive market, gifting funds to children and grandchildren has become an increasingly popular option To put it bluntly, the market – especially over the last few years –...
Learn the facts about reverse mortgages in Canada
These are some of the things you should be aware of when it comes to reverse mortgages in Canada: 1. What can I use the funds for? Refinance your existing mortgage, purchase a new home to live in, or renovate your existing home so you can remain in it. Cover life...