Mortgage Broker in Edmonton, AB
In Canada, a reverse mortgage is a type of loan that is secured against your principal residence. This financing solution gives you access to tax-free cash with no mandatory ongoing payments. A reverse mortgage is ideal for home owners 55+ who are looking to either alleviate financial stress by paying off existing debt, or are looking to finance a major expense such as a second home or a car. This is also a way to help your grand children to pay for tuition or help with a down payment on their first home. Reach out to John to see how he can help.