Considered a Reverse Mortgage?

There are a lot of assumptions about reverse mortgages however, they can be an excellent tool for older Canadians.  Being house rich and cash poor is a challenge for several home owners who may be looking to access their equity but are unable to qualify for traditional financing.  Whether funds are needed to help supplement current pension income, for home upgrades so a retired home owner can remain in their home longer and not need to move or as a means of helping the next generation with early inheritance, a reverse mortgage is a solution.  Call us today for more information.  

Here's a good article to help clarify some key points about reverse mortgages https://www.theglobeandmail.com/investing/globe-advisor/advisor-news/article-three-ways-house-rich-cash-poor-retirees-can-tap-into-the-value-of/