Mortgage financing for Older Canadians
Use the equity you have in your home to enhance your lifestyle. You've got options!
As Canadians live longer, healthier lives, retirement is getting more expensive.
Unfortunately, most traditional retirement plans aren't designed to withstand the financial pressures caused by living longer, which creates tremendous stress and uncertainty. Let us show you how accessing the equity in your home, as a financial planning strategy, will alleviate stress and enhance your lifestyle.
So here's the plan!
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There is a lot of information to consider when looking to access the equity you've built up in your home. The earlier you start the process, the better prepared you'll be to make the best decision. When you contact us, there is no pressure or obligation to move forward.
Assessment
Let's take a look at your financial situation and assess the best steps to move forward. If you're over 55 and have significant home equity, you've got options including standard mortgage financing, a home equity line of credit or a reverse mortgage.
Enhance your lifestyle
There are many reasons you might decide to access the equity in your home. The goal should be to use the money you've worked so hard for to do whatever you like. Enjoy the freedom this could bring to your life, after all, it's your money.
The same home that provided a great place to raise your family can support you through retirement
Let us show you how.
Reviews from happy clients
Resources to help as you plan through your retirement.
CHIP Revers Mortgage
Wouldn’t it be nice if you had the money to do more of the things you want to do? A CHIP Reverse Mortgage could be just what you need. It’s the simple and sensible way to unlock the value in your home and turn it into cash to help you enjoy life on your terms.
4 Ways to Access your Home Equity
If you’ve been a homeowner for many years, likely your property value has increased significantly. One advantage of homeownership is the opportunity to build equity. Learn about how you can access that equity here.
Mortgage Options for Older Canadians
Although it’s ideal to have your mortgage paid off by the time you retire, that isn’t always possible in today’s economy. The cost of living is considerably higher than it has ever been, and as a result, many Canadians are putting off retirement, hoping to make just a bit more money to add to that nest egg. Learn more about how using home equity can provide financial freedom for you or someone you love.
Benefits of Working with an Independent Mortgage Professional
Simply put, an independent mortgage professional works for you and has your best interest in mind, while a bank specialist works for the bank and has the bank’s best interest in mind.
What Banks Won't Tell You About Mortgage Financing
Working with a single financial institution significantly limits your options when considering mortgage financing, especially if your financial situation isn’t straightforward.
