Best Reverse Mortgage Rates
Let us help you find the best reverse mortgage rate.
In the realm of financial planning, reverse mortgages have emerged as an innovative solution for homeowners, especially high net worth individuals, seeking to access the equity in their homes while maintaining ownership.
“Everything was very clear, and well explained. The financial projections showing the implications in different scenarios were clear. It was adaptable to our situation.”
5 Year Fixed Rates
6.49%
6.49%
6.69%
6.69%
What are the benefits of a Reverse Mortgage?
Unlike traditional mortgages that require monthly payments, reverse mortgages allow homeowners to receive funds from lenders based on the appraised value of their properties. The unique feature of a reverse mortgage is that repayment is typically deferred until the borrower sells the home, permanently moves out, or passes away.
A reverse mortgage enables homeowners to convert a portion of their home equity into tax-free cash.
No monthly mortgage payments are required with a reverse mortgage.
The funds from a reverse mortgage can be received either as a lump sum or in regular installments.
Homeowners retain ownership of their home while accessing the funds.
The loan is typically repaid when the homeowner sells the property, moves out, or passes away.
Up to 59% of the home's value can be borrowed through a reverse mortgage.
Increased Retirement Income Tax-Free
Are you eligible?
You are 55+
The property is owner-occupied
Your home is your principal residence
You live in Ontario, Quebec, British Columbia, or Alberta
All title holders apply as joint borrowers (ON, AB, BC)
Reverse Mortgage Assessment
Complete the questionnaire below to get your FREE Reverse Mortgage Quote.
Reverse Mortgage Assessment
Complete the questionnaire below to get your FREE Reverse Mortgage Quote.
What can you use your reverse mortgage for?
Debt Consolidation
Renovations
Vacation Home
Gifted Down Payment
Tax Free Cash Flow
Tax Free Investments
From Our Clients
Read through some of our customer/client testimonials.
Be wise with your equity
Discover the benefits of a reverse mortgage! Get approved in minutes!
Independently Owned & Operated
FRSA #12685
Wise Equity Reverse Mortgages
1-647-955-7464
info@wiseequity.ca
www.wiseequity.ca
Head Office Address: 100 Consilium Place, Suite 200. Toronto, ON. M1H 3E3
Privacy Policy
Designed by © Creative Scope | © Best Reverse Mortgage Rates 2023. All Rights Reserved.