If you have retired or are planning to retire soon, you probably have some clear goals in mind. You may want to travel, remodel your home or buy your dream car. With reverse mortgages from CMI, you can use the equity in your home to realize your dreams while staying in the house you love.
Tap into your unused home equity to
consolidate your debts,
renovate your home, and more!
The word “reverse” is the key to understanding this home equity product. Instead of making payments on a mortgage, you take out a mortgage on part of the equity in your home and draw payments from that money. You can choose to receive the money all at once or in installments. There are many advantages to these loans:
Here are some examples of how a reverse mortgage can improve your life and financial security:
Canadian Mortgages Inc. is home to an experienced team of mortgage brokers. Our services are fully insured and our brokers are all AMP certified. We have expertise in home equity products, including home equity loans and lines of credit, second mortgages and reverse mortgages.
We do not sell products for one specific financial institution. We provide a wide range of loans and mortgages from lenders across Canada. With this diversity of sources, we can offer you affordability and flexibility in your mortgage product. We have:
Enrich your golden years! If you are 60 years of age or older and own your home outright, you may be eligible for our reverse mortgages. To learn more, Contact us online or by telephone and speak to one of our mortgage brokers.
contact CMI today to get a free, no-obligation quote.