Reverse Mortgage

Pickering Mortgage Broker

Mortgage Services Pickering

Maintain ownership and control of your home. Start living a better retirement today! With a Reverse Mortgage you can stay in the comfort of your home without having to move or sell, make no monthly payments, and live a financially stress-free retirement on your own terms.

What is a reverse mortgage?
  • A Reverse mortgage is a way for homeowners 55 or older to turn up to 55%* of the value of their home into tax-free cash.
  • It is a loan secured against the value of the home, that does not require monthly mortgage payments for a long as you live in your home.
Your obligations

You are required to pay your property taxes, home insurance and keep your property well maintained.

Benefits:
  • Pay off debts
  • Renovate or make your home more accessible
  • Handle unexpected expenses
  • Help your children or grandchildren
  • Improve your day-to-day standard of living and cash flow
  • No payments required unless you choose to move or sell
How to qualify:
  • You and your spouse both must be aged 55+
  • Your home is your principal residence
  • Any outstanding loans against your home must be less than the funds available from CHIP

*some conditions apply.

Services offered by Pickering Mortgage Broker

Canadian Tailored Mortgage Solutions offers Reverse Mortgage Services to clients across Pickering, Oshawa, Bowmanville, Mississauga, Brampton, Markham, Stouffville, Oakville, Barrie, Durham Region, GTA, Ontario, and the surrounding areas.

Contact Canadian Tailored Mortgage Solutions - Mortgage Agent in Pickering, Ontario