Maintain Your Standard of Living
As living costs soar, retired homeowners on pensions face more pressure than ever before to manage monthly expenses.
If you are living more frugally than ever to make ends meet, a Reverse Mortgage can help boost your monthly income and help you live with the dignity and independence you crave.
A common concern with retirees is the cost of healthcare.
With advancing age, healthcare expenses may increase, and those with limited income may worry about their ability to afford medical treatments and prescription drugs.
Just because your home is mortgage free doesn’t mean it is doesn’t have expenses.
Property taxes are always increasing and maintaining your home is not cheap. Deal with regular and unexpected housing costs easily with a Reverse Mortgage so you can keep living in your home with pride.
RetireBetter.ca acknowledges the concerns that many Canadians aged 55 and above have regarding their ability to sustain a certain quality of life during retirement. As a mortgage company with extensive expertise in Reverse Mortgages in Canada, we are well-prepared to assist with retirement finances.
Peace of Mind
Borrow up to 55% of home equity
On average, by borrowing against your home equity, you can unlock $200,000 or more.Get at quote
Unlike other financial products a Reverse Mortgage has no monthly payment.
With a Reverse Mortgage, you can access your home equity without needing monthly payments. This is a unique financial product where the interest incurred from borrowing is added to the principal, eliminating the need for payment.get a quote
What is the Home Equity Guarantee?
A reverse mortgage is a financial option exclusively available to Canadians aged 55 or above. It allows homeowners to access their home equity without the obligation to make monthly payments towards the principal and interest.
Highly beneficial for seniors
Seniors that possess significant wealth in their home but require additional cash flow during retirement are a perfect fit for a Reverse Mortgage.
Reverse Mortgages have undergone significant changes
Unfortunately, some individuals have misconceptions regarding reverse mortgages due to unscrupulous individuals who previously tarnished the product's reputation. However, reverse mortgages have undergone significant changes, and current versions have robust borrower protections. One such protection is the Home Equity Guarantee.
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