It’s important for older Canadians to know that financial solutions do exist. They can live out retirement in comfort, safety and without any financial worries. They deserve respect, dignity and choices in retirement!

Don’t you think quality of life is very important? I do, truly. Recently, we had a couple who have scrimped and saved all their lives to pay their mortgage and bills on time. They have been retired for quite a few years and are living on government pensions. They use the food bank each week […]

We have all heard horror stories about Reverse Mortgages, I know I have.  That’s why it’s so important to get the FACTS!  

A large misconception about Reverse Mortgages is that the bank will own your home. Not true…YOU DO. You maintain ownership of your home NOT the bank.  

As with any loan or mortgage there is always interest to pay. I know, it’s not fun, but hey! With a Reverse Mortgage it’s INTEREST ONLY that is added to the mortgage each month, not a FULL mortgage payment plus interest.

With a reverse mortgage you can choose to live your retirement with zero montly payments…ahhh wonderful! 😉  OR, you can choose to pay the interest each month. Whatever you are more comfortable with, the choice is YOURS.

When we are young…awwww 🙂 we try our best to pay down the mortgage as quickly as we can. It’s the thing to do, right? But when we get older we need to try a different mindset. If we need to tap into a wee bit of the equity we have built up, that’s alright. […]

Did you know that Reverse Mortgages have been in Canada for 30 years?  Who knew? 🙂