Benefits of a Reverse Mortgage
If you're 55 years of age or older and you own a home, a reverse mortgage might just be what you need to help you address current or expected financial needs.
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Up to 55%
You can borrow up to 55% of the equity you have built up in your home.
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Tax- Free Cash
Payments from a reverse mortgage are tax-free, so benefits such as OAS and GIS are not affected.
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No Monthly Payments
There are no monthly payments and repayment of the loan is only required once you chose to move or sell.
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Maintain Control
You've put a lot into your home so it's important to know that you maintain control of your home with a reverse mortgage.
Why Consider Choosing Me to Help You Obtain a Reverse Mortgage?
You've definitely got a lot of options to consider if you're thinking about using a mortgage broker to help you obtain a reverse mortgage. Here are some of the values clients appreciate about me.