Mortgage News & Articles

May 18, 2022

Reverse Mortgage Misconceptions – Installment 4.

The next installment of… Reverse Mortgage Misconceptions 4. If you fail to make payments it could result in eviction This is one of the most common misconceptions when it comes to reverse mortgages. Unless you choose otherwise, a reverse mortgage does not require any monthly payments, which means you never have to worry about missing […]
May 18, 2022

Reverse Mortgage Misconceptions – Installment 3.

Another riveting installment… Reverse Mortgage Misconceptions 3. You must be younger than 62 to receive a reverse mortgage If you are 55 or over you are eligible to apply for a reverse mortgage. In fact, the older you are, the more likely you may be to qualify for a higher loan amount!
April 29, 2022

This & That

Happy Friday! I’ve heard the weather is going to be nice this weekend, so try to get outside and enjoy some well deserved sunshine! Try to seize the moments while we can, the weather can go from this…. to that …very quickly! lol Have a fabulous weekend!
April 29, 2022

Reverse Mortgage Misconceptions – Installment 2.

The next fascinating installment…. 😉 Reverse Mortgage Misconceptions. 2. You will owe more than the value of your home With the No Negative Equity Guarantee, the amount you will have to pay will not exceed the fair market value of your home as long as you meet your obligations. In fact, over 99% of Canadians […]
April 29, 2022

How much do you really know about Reverse Mortgages?

How much do you really know about reverse mortgages? Maybe you know that reverse mortgages can help Canadians 55+ access the equity in their home, tax-free Maybe you know that tens of thousands of Canadians are using a reverse mortgage as part of their financial plan BUT, do you know the five common misconceptions around […]
April 27, 2022

New Roof, House Repairs?

Your home is your biggest financial investment. It can offer more than protection to you and your family; it can also provide a financial resource when needed. New roof, house repairs, kitchen updating, car repairs, and/or additional cash flow. A reverse mortgage might be the solution. Want to know more about reverse mortgages? Call me […]
April 27, 2022

Make a List, Check it Twice

No two retirements are the same, which is why a reverse mortgage may be ideal for some and not as advantageous for others. As you move forward with your retirement planning, why not make a list of reverse mortgage pros and cons. This might help point you in the retirement direction you need to take. […]
April 11, 2022

Gifting a Down Payment?

With Real Estate prices continuing to soar, it’s a great time to gift down payments to children or supplement your income to keep pace with inflation.
March 4, 2022

Too Good To Be True!

Remember, if it’s too good to be true…IT IS!
March 4, 2022

Beware!

Over this past couple of weeks we realised that a couple of new clients seemed to have something in common…they had repairs/upgrades done on their home and have likely been victims of fraud! One had a new furnace and electric air cleaner, another had a new furnace, another a new air conditioner and so on. […]