When most of us dream of retirement, we imagine ourselves in our homes – sharing a meal with family or just relaxing in a comfortable spot.
But retirement can also bring financial strain. Seniors often face the challenge of managing with less cash flow than they anticipated or coping with unforeseen expenses.
We understand. HomEquity bank is the only bank dedicated to empowering older Canadian homeowners with smart, simple ways to use the value of their home during retirement.
For over 30 years a reverse mortgage solution has helped thousands of older homeowners enjoy more financial flexibility without having to sell or move. A reverse mortgage might be the solution for you.
Features of a Reverse Mortgage
Homeowners age 55 and older
No payments are ever required
No Income qualifications
No Credit requirements
Qualify for up to 50% of the value of the home
Money can be received as a lump sum, or over time or combination of both
Owner (s) maintains title, as long as one owner is still in the home the mortgage will remains in place
They can sell or move at anytime
Receive the money tax free
Contact me today to discuss Reverse Mortgage solution and to learn more on how you can unlock the value in your home.