Reverse Mortgage
If you are in need of cash after retirement, a Reverse Mortgage may be a great option for you. This type of loan is designed for individuals over the age of 55 who own or are in the process of paying off their property.
With a reverse mortgage, you can turn a portion of your home equity into a source of cash, providing access to a reliable source of tax-free funds with no monthly payments all while maintaining home ownership.
You may be eligible for a Reverse Mortgage
If: You are a homeowner, aged 55 or older
· You live in a city or large town in British Columbia, Alberta,
Ontario, or QuebecYour home is your principal residence for at
least 6 months per year.
· All title holders of the residence apply as joint borrowers
-
Contact us today to learn more about how a Reverse Mortgage can help you achieve your financial goals during retirement.