Do you wish to buy a new house but don’t have the necessary funds? If you have equity, the options for this may become more available. However, there are a few factors to consider when buying a second house with equity from your current property. All of this will be covered in this blog post. Read more about Using your Home Equity to Buy a Second Home[…]
Learn more about Reverse Mortgage, including how it works, who qualifies, and how much it will cost you, by reading on. Terms The following criteria must be met in order for you to qualify for a reverse mortgage in Canada: You need to be a homeowner aged 55 or older. The property must be your Read more about What You Need To Know When Getting A Reverse Mortgage[…]
Reverse Mortgage is a great option for Canadian homeowners to obtain cash for necessities like living costs and travelling. Reverse mortgages, however, have a bad reputation. Some of the negative connotations are due to misunderstandings. Why does the Reverse Mortgage product have a bad reputation? The primary reason for the bad reputation of Reverse Mortgages Read more about The Canadian Reverse Mortgage Market is Changing – What you need to know […]
A Reverse Mortgage, also known as a healthcare mortgage, is a type of loan designed to allow homeowners over 55 to access the equity they have built up in their primary residence. In Canada, Reverse Mortgage are an excellent way for homeowners to get access to money for living expenses, travel, and other needs. Additionally, the Read more about What is a Reverse Mortgage?[…]
Do you have questions about where you are going to live when you retire? While there are some people who look forward to the idea of moving somewhere with warmer weather or more family, there are more still who dream only of staying in the home they raised their children and spent so much of Read more about Hidden Secrets for Happy Retirement Planning[…]
Today, it is becoming increasingly more common for Canadian seniors to find themselves close to retirement with little to nothing in the bank. It is hard to pull through tough economic times with enough savings to look forward to a rewarding retirement, but that doesn’t mean it isn’t possible! If you are a Canadian homeowner, Read more about Retain and Maintain Your Home with a Reverse Mortgage from Cashin Mortgages[…]
The Top 3 Misconceptions About Reverse Mortgages: 1. The Bank Owns Your Home 2. Your Estate Can Owe More Than Your Home 3. The Best Time to Take a Reverse Mortgage is at the End of Your Retirement Below, we are going to discuss each of these three common misconceptions in more detail. 1. The Read more about Reverse Mortgage Misconceptions[…]
Whether you are a first-time home buyer or looking to retire, as an Oakville mortgage expert, I am determined to help you with your home financing needs at every stage of your life. If you are currently a homeowner, over the age of 55 and want to access the equity you have built up in Read more about Reverse Mortgages[…]
