A reverse mortgage is not a blanket solution for every Canadian homeowner age 55+. It is a great tool but there are other options to […]
Daily Archives: September 14, 2019
11 posts
A private mortgage or home equity mortgage should be used carefully. As we discussed in our previous article “How Much Do Home Equity Loans Cost?”, […]
Reverse mortgages are not a one size fits all solution. It’s important to understand the pros and cons as with any major decision. Let’s first […]
There are 5 costs associated with both traditional mortgages from a bank as well as home equity loans from alternative lending sources. The only out […]
Reverse mortgages can be a fantastic solution for Canadians age 55+ who want to improve their retirement but they aren’t the only option. If a […]
A Home Equity Loan, also known as a private mortgage is a 1st or 2nd mortgage secured by your property. To qualify, lenders analyze the […]
As with any mortgage, there are costs associated with setting-up the loan. We are 100% transparent and will explain in detail every cost involved in […]
Home Equity Lines of Credit or HELOCs are probably the closest alternative to a reverse mortgage yet they are very different. A HELOC is a […]
Home Equity Loans are either 1st or 2nd mortgages registered against your home. They are intended to provide an interim or short term financial solution. […]
When you bring up the topic of reverse mortgages with a friend or family member, often times their reaction is that of uncertainty. They may […]
You can do whatever you want with the money from a reverse mortgage. Here are the top 7 examples of what our clients are doing […]
