CHIP.ca Canada’s leading reverse mortgage provider is sweetening the pot for home owners by suspending closing fees on its five-year product indefinitely.
“Starting November 6, we are waiving the sign-up fee of $795 on our five-year reverse mortgage,” said Greg Bandler, senior VP for HomeEquity, referencing the lender’s five-year at 5.49 per cent. Great savings for anyone thinking about a Reverse Mortgage!
Would you like a way to pay off debts in retirement? Would you like to Travel but don’t have enough money? Does your home need upgrading to make living in it “Senior Friendly? Or would you just like extra Tax-fee Income?
Why not contact us today to see how a Reverse Mortgage might be a benefit to you. Use the handy form below to leave a question or comment.