Written by a specialist on Alberta reverse mortgages, this guide will help you discover:
1. Exactly how Alberta reverse mortgages work in practice
We expose the industry secrets: everything you need to know about them and how they operate, the options open to you, and any possible downsides.
2. The leading myths about Alberta reverse mortgages
Did you know that with the reverse mortgage product you will always own your house? This is true in 100% of cases.
That’s why we put all the incorrect information out there to rest. We teach you all the crucial things you need to understand – both the positive and the negative.
3. How a this mortgage compares to the other choices
Like other clients in Alberta with whom we work, you are likely thinking about alternative options. That’s why we compare our product to a Home Equity Line of Credit (HELOC), the most common alternative solution.
You’ve spent enough time searching for answers. Let us take over.
Instead of wasting hours of your time phoning around to various financial institutions, let us do the hard work at no cost to you. Our reverse mortgage Canada guide will give you all the information you need.
Our representatives are certified with Dominion Lending Centres Edge Financial, the # 1 mortgage company in Canada. You get secure free, independent, and unbiased suggestions – we do not work for the lenders.
Put your financial worries aside – we can take it from here
Our completely free guide will address your concerns and guarantee that your financial issues are looked after.
Don’t stress. Get free expert advice, tips, and tricks today.
So, what are you waiting for?
Many individuals over 55 in Alberta have considered this mortgage product at some point.
Although it is increasing in popularity, lots of individuals are frightened by the idea because it can seem too complex.
What’s more, the amount of incorrect information online is astounding. This only serves to further confuse homeowners.
That’s why we created this site: to help individuals like you in Alberta learn about our solutions and how they work from an impartial source.
We don’t just help individuals in Alberta with their decision, but also homeowners over 55 across Canada.
Confronting concerns about Alberta reverse mortgages
We were surprised to learn exactly how much inaccurate information was circulating regarding this type of mortgage plan.
The main offender for these incorrect statements is the U.S.A, where these mortgage solutions have gained a bad reputation due to certain unethical practices.
Canada, however, is a completely different story. Our lenders did not fail in their mortgage-providing practices and as such did not require a bailout.
Mortgage solutions in Alberta and Canada should not be compared to those in the United States.
They are much safer, secure, and better for you, the homeowner.
Top Three Differences Between Canadian and U.S. Reverse Mortgages
Among the key differences between the Canadian and U.S. service is that in Canada you cannot, under any circumstance, lose your house.
In reality, the product is designed for individuals who wish to keep and live in their home. If this is not the case for you then this solution might not be the best option.
The same rule does not apply to the United States.
Another distinction between the Canadian and U.S. product is that in Canada, we limit the mortgage balance you can owe. This means that you can never owe more than the value of your home. For more on this see: reverse mortgages – Canada vs. USA
We often hear concerns from Alberta homeowners who wonder whether they will lose equity on their home. The truth is that 99% of Canadian mortgage holders that have adapted this financial solution have had home equity remaining at the time that the mortgage was discharged.
The third and final myth that must be addressed is that no regular payments are required – ever. You can, however, choose to make voluntary payments if you so desire.
In summary, this mortgage allows Canadians like you to keep your home and maintain your home equity and does not require any repayments.
Get Our Product, A Complete Mortgage Guide for Alberta Home Owners
We know you shouldn’t make this decision without thoroughly researching it first. That’s why we put together this 100% free reverse mortgage eBook. We also provide you with other complimentary articles like this one on: reverse mortgage rates
Sound too good to be true? Check it out for yourself!
We call it the ‘Ultimate Reverse Mortgage eBook’ as it contains all the info you’ll need, including the downsides and how it compares to a Home Equity Line of Credit (HELOC).
If you are contemplating securing a this financial solution for your Alberta home, you need to read this before making your decision.
Get all the facts and essential details before deciding if our solution is right for you. Download your free eBook now!
Gathering Details to Make Your Alberta Reverse Mortgage Choice
For starters, it’s important to take your time in making this decision. Collect as much information as you can and ensure you understand exactly what is included.
Read our free guide from cover to cover to become an expert on the topic.
Don’t forget that you can call or email us any time with any questions or concerns. This resource is simply one part of our expert service. As independent and impartial mortgage agents, we do not work for any of the banks and can offer you the suggestions you need.
All of it begins with our free eBook. Download it now to get the information necessary to make an informed decision.
Suggestions According to Your Stage in the Decision-Making Process
We understand that not everyone will have the same amount of knowledge about this kind of mortgage. Consider the following options according to what stage you are at:
1. If you are still aiming to grasp exactly what this mortgage solution is and how it works, our complimentary eBook is the perfect starting point.
2. If you have questions or concerns related to the product, you can get in touch with us by email for additional details: email@example.com.
3. For those already interested in this housing plan, you can complete our fast information form – just click on ‘Free Assessment’ at the top of the page!
This is an entirely complimentary service we offer in which a professional mortgage agent and chartered accounting professional will look over the information you supply and help you decide whether this option is the ideal financial choice for you.
That’s it for now! We hope you’ve gained valuable insight into your mortgage options and that our free eBook and assessment will provide you with the answers to even your most complicated questions. Best of luck!