Stop Working & Retire Comfortably
Many Canadians over 55 want to retire but keep working because they have a mortgage.
A Reverse Mortgage may be suitable for you if you are ready to retire but still making payments on your mortgage.
A common concern with retirees is outliving their savings.
Depending on your savings and pension income, you may need more to live comfortably in retirement.
Is 55 too early to retire?
For some, 55 is too early to retire because they need to save more money. If this is the case, a Reverse Mortgage will help.
At RetireBetter.ca, we recognize numerous Canadians 55 or older are looking to retire but have yet to save sufficiently. As a highly experienced mortgage company specializing in Reverse Mortgages in Canada, we are well-equipped to assist with early retirement.
Time to Travel
Time for Hobbies
Time for Fun
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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