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Reverse Mortgages for Seniors

Reverse Mortgages for Seniors

Many Canadian senior homeowners have significant equity in their home but they may not have a regular income to pay their monthly expenses, which is why Reverse Mortgages are so popular among Canadian seniors.

With a Reverse Mortgage, monthly payments are not required and the loan can be taken as a tax free lump sum payment or in regular monthly payments allowing home owners to stay in and enjoy their own home longer. The principle interest is only due when you or your spouse moves out, plus you get the advantage of any increase in market value of your home.

If you are a senior and need an income boost but aren’t ready to leave your home, let’s talk. I can help you stay where you love to be; in your own home. 

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