Reverse mortgages are an ideal solution for retirees who want to take advantage of the equity they have in their home.
Throughout your career, you worked diligently to achieve the financial goals you set for yourself so that you could enjoy your retirement. If you fell a bit short on saving money in a retirement account, you might be concerned that you’ll need to get a part-time job or drastically cut expenses. At Donna Mullen & Associates, we have another option that can provide the funds you need so your golden years are a bit more golden. Reverse mortgages are an ideal solution for retirees who want to take advantage of the equity they have in their home without taking out a loan or selling their house.
Instead of borrowing against your Meaford, Ontario home and having a monthly payment that further stretches your budget, consider reverse mortgages that pay you money instead. There are certain conditions that have to be met to qualify for one, and they aren’t perfect for everyone, but that is where our services come in. We can fully explain how reverse mortgages work and address all your questions so you can make an informed decision about whether it makes sense to move forward. Should you decide to do so, we’ll find the right lender and negotiate on your behalf to get the best terms possible.
As independent mortgage brokers with decades of experience, we work with many different lenders and have the expertise to ensure your best interests are met. Reverse mortgages are not something you should go forward with if any of the terms do not meet with your financial goals. Let us help you find out if this product is right for you. Contact us today to schedule a free, no-obligation consultation to learn more.