Love Your Golden Years with a CHIP Reverse Mortgage

No. Many financial professionals recommend a reverse mortgage to supplement monthly income instead of selling and downsizing, or taking out a conventional mortgage or a line of credit.

You can receive up to 55% of the value of your home. The specific amount is based on your age and that of your spouse, the location and type of home you have, and your home’s current appraised value. You can contact me and I can quickly give you an estimate of how much you may be approved for.

Do you know just how versatile a reverse mortgage is? There are many ways a CHIP mortgage can be used. Below is just one of them Income Supplement Did you know that the average annual expenses for Canadians 65+ is $60,000 yet their average income is only $40,000? A quarter of our clients use reverse mortgage funds to supplement their income. ... A reverse mortgage continues to be a great financial solution to help you with their financial needs. I'd love the opportunity to share with you how a reverse mortgage can help you with your unique financial situation Looking forward to hearing from you, Laura See more

With a CHIP Mortgage, you can eliminate your debt. You no longer have to pay a mortgage. With CHIP money, you can pay off your secured loans, and eliminate the need for monthly payments. I'd love the opportunity to help you determine if a CHIP Mortgage is a fit for you. Looking forward to hearing from you soon.... Laura See more