HEADING
CANADIAN MORTGAGE PLAN
USING EQUITY WISELY
- Pay of 30 year martgage in 7 to 10 years
- No payment martgage
- Built rented portfolio
- Create rented investments of +400,000
GET YOUR PLAN TODAY
FUTURED PARTNERS
WISE EQUITY PLANS
Smith Maneuver
- Invest +pay of mortgage
- No icrease income required
- $400,000 invests
Best Reverse Mortgage
- No payment
- Tax free cash
- Stay 100% owner
Cash Damming
- Canadian based on rented proper owner
- Pay of mortgages in 7 to 10 years
CASE STUDIES
Smith Maneuver
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Cash Damming
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Reverse Mortgage
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TESTIMONIAL
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Frequently Asked Questions
Can I get a reverse mortgage if I already have a mortgage?
Yes, your existing mortgage will be paid off with the new loan proceeds.
You will receive all of the remaining money, either in installments or lump-sum.
Can I use a reverse mortgage to buy a home?
You can use this no payment loan for any purpose, including buying a home.
Remember, you will only get 59% of the home value if you deal directly with HomeEquity Bank for a CHIP Reverse Mortgage.
RetireBetter can you get a reverse mortgage for up to 65% of the new home value.
Can you be too old to get a reverse mortgage in Canada?
There is no upper age limit to qualify for a reverse mortgage in Canada. In fact, the older you are, the more you will qualify for.
Can I get a reverse mortgage if my children live with me?
You can get a reverse mortgage if your children live with you for any reason so long as they are not owners of the home and registered on title.
CHIP Reverse Mortgages and Flex Reverse Mortgages require all owners on title to be over the age of 55.
We do have reverse mortgage lenders available if any of the owners are less than 55 years old.
When and how do you pay back a reverse mortgage?
You have the option of paying a reverse mortgage back at any time you want.
You must pay a reverse mortgage back when you sell, move or pass away.
You or your estate can pay back a reverse mortgage from the proceeds of the home sale.