RetireBetter

"Is it OK to Have a Mortgage in Retirement?" 🤔

Yes, almost 30% of Canadian retirees now have a mortgage when they retire—and the number is growing!

Don't let mortgage payments cause you stress in retirement—join the many Canadian homeowners who are switching to a reverse mortgage.

With no monthly payments required, +55 homeowners now have a way to enjoy their retirement without the stress of monthly mortgage payments! 🎉

Contact us for a free consultation.

"Who is the best candidate for a reverse mortgage?" 🤔👇

A Reverse Mortgage is best suited for homeowners who wish to live in their homes and access their equity for a better retirement! 💯

You are best suited for a reverse mortgage if:

1) You are at least 55 years old
2) You have at least 50% equity in your home (the more the better)
3) You want to live at least 5-10 years longer in your home (the longer the better)
4) You have a need that you wish to satisfy (pay down debts, help family, personal use).

Reverse mortgages are a financial tool that +55 homeowners can use in retirement to achieve financial independence.

By accessing their equity to fund other needs in retirement, homeowners can avoid selling their home and therefore save thousands in selling costs (real estate commissions, legal fees, land transfer taxes, moving costs).

Contact us for more information - we can quickly explain the product/process and determine if a reverse mortgage is suitable for you! 😃

Can you get a reverse mortgage if you have property tax arrears? 🤷

It is POSSIBLE - but not all lenders handle property tax arrears the same way.

Talk to the Canadian reverse mortgage experts at RetireBetter - we can arrange your reverse mortgage for you without any stress!