12/06/2019
Are you over 55?
What:
A reverse mortgage is a loan secured by your home. The main difference between a reverse mortgage and a regular mortgage is that you do not pay principal or interest payments on the home for as long as you maintain ownership of your home 🏡
Who:
Reverse mortgages are for people ages 55+ looking to turn their home equity into cash 💰
Why:
Many times Canadians will have lived in their homes and built equity only to find themselves not able to spend a dime, while not looking to dip into their savings accounts. This is why the option of a reverse mortgage is extremely beneficial! 🙋♀️
📲 Let’s connect if you want to learn more about reverse mortgages!
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