Mortgage News & Articles

September 16, 2022

Just To Mention A Few

Here are ONLY a few of the benefits a reverse mortgage can offer you: You can stay in the home you love You will still maintain ownership It can improve your cash flow It can help relieve your financial stress In fact, you can use the money however you need to Contact me to learn more about the other benefits. I promise I won't bite! lol 😉
September 14, 2022

Government Survey – Reverse Mortgages

Back in July 2022 we posted information on a Government survey on Reverse Mortgages. They have developed a new poster and website that you can be directed to, to verify the legitimacy of the project and learn more. Now's your chance to ask any or all of your questions from the Government. You know you want to! 😉 Here is the link to the Government website: https://www.canada.ca/en/employment-social-development/corporate/reports/research/studies/reverse-mortgage.html
September 13, 2022

How Does It Work?

A reverse mortgage is a loan secured against the value of your home. However, unlike a traditional Home Equity Line of Credit (HELOC) or a second mortgage, you are not required to make monthly mortgage payments for as long as you live in your home. AND, you maintain ownership and control over your home.  Want to learn more? Call me, let's talk reverse mortgages! 🙂
September 1, 2022

Labour Day Weekend!

The labour day holiday was first celebrated in 1894 and falls on the same day as labor day in America. The day is a celebration of workers rights in Canada and is a reminder to everyone of the progress that has been made over the last 150 years. Happy Labour Day Weekend!
August 31, 2022

Reverse Mortgage and Investments

Did you know…. A reverse mortgages can be used to buy another home? You can use a reverse mortgage to purchase real estate when other investments are not liquid. You can use it to make investment decisions AND it’s 100% tax-free. In fact, investment-minded seniors have been using reverse mortgages to supplement their lifestyles for […]
August 29, 2022

Return on Investments or…Just Looking Good! 😉

Kitchen Renovations – kitchen renovations, such as kitchen counter upgrades, are among the top three renovations with the highest return on investment in 27 of the 31 housing markets. These renovations typically have a home improvement return on investment between 75 and 100%. Paint – if you’re looking for an inexpensive way to increase your […]
August 25, 2022

Home Renovations

More and more Canadians are recognizing the value of renovating key areas of their home, such as bathrooms and kitchens, which can yield as much as 100% or more as a return on investment. One of the many popular home renovations is creating an income suite. Unlike an in-law suite, income suites are primarily made […]
August 22, 2022

Working for Working Sake?

Sixty five percent of retirees who are still working said that it’s because they need the additional income, not because they like working for working’s sake! And a full 44% of working pre-retirement Canadians are anticipating that they’ll still be working full-time by age 66! Surely there’s more to life than just work?  Quality of […]
August 10, 2022

Cutting Back!

Nearly a quarter of retired Canadians are forced to drastically cut down their on their expenses! Nearly three out of four Canadian seniors admitted that retirement is not working out as well as they anticipated. Having to significantly dial down their expenses, follow a strict budget and refrain from spending money on non-essential items. A […]
August 9, 2022

Did You Know? 🤔

A reverse mortgage can give you access to your home equity in monthly or quarterly payments, improving your cashflow and giving you the flexibility to only borrow the money you need when you need it? Now, how sweet is that?