How Do Reverse Mortgage Interest Rates Differ From Standard Mortgages?

It’s no secret that interest rates on reverse mortgages are higher than what you can expect to pay on conventional mortgages – and there’s valid reasoning behind this reality. The most significant cause for higher interest rates is that the loan requires no monthly mortgage payments, not even interest payments. This can definitely be a […]

What are the Pros & Cons of a Reverse Mortgage?

Reverse mortgages continue to grow in popularity each year because of the unique solution they provide to homeowners 55+ who wish to stay in their homes and access some of their home equity to improve their quality of life. After all, Canadians are living longer than ever before, so they require more money to support […]

Helping Provide Seniors with More Mortgage Options!

I’ve been a mortgage broker for the past 25+ years (with an office in Qualicum Beach since 2001), helping clients from all stages of life – from first-time homebuyers to seniors – secure the very best mortgage product and rate catered to their unique needs. I became a Certified Reverse Mortgage Specialist to better understand […]