When most of us dream of retirement, we imagine ourselves in our homes – sharing a meal with family or just relaxing in a comfortable spot.
But retirement can also bring a lot of financial strain. Hard working Canadian Seniors often face the challenge of managing with less cash flow than they anticipated or coping with unforeseen expenses.
I understand and I want to empower older Canadian homeowners with smart, simple ways to use the value of their home during retirement with a reverse mortgage.
For over 25 years The Canadian Home Income Plan (CHIP) the reverse mortgage solution has helped thousands of older homeowners enjoy more financial flexibility without having to sell or move. A reverse mortgage could be the solution for you and your family.
Features of a CHIP Reverse Mortgage
- Homeowners age 55 and older
- No payments are ever required
- No Income qualifications
- No Credit requirements
- Qualify for up to 55% of the value of the home
- Money can be received as a lump sum, or over time or a combination
- Owner maintains title of property
- They can sell or move at anytime
- Receive the money tax free and without any affect on Canadian pension payments
Reverse Mortgage Testimonials
“A reverse mortgage is a way to take advantage of the equity that you have in your home and use it for whatever purpose you want or need.”
Sandy & Christopher M
“If you sell your home you’re gonna be living off the proceeds and what you’re doing with a reverse mortgage is not selling your home and living off the proceeds.”
“If it wasn’t for the CHIP reverse mortgage we would have had to sell our home.”
“Dealing with Dave and getting a reverse mortgage was amazingly simple. I would recommend the CHIP reverse mortgage program to anybody.”
Jan & John M
Contact me today to discuss Reverse Mortgage solution and to learn more on how you can unlock the value in your home.