Reverse Mortgage Costs And Fees

Reverse Mortgage Costs Fees

Quite often we get asked the question about what hidden or buried costs there are in a reverse mortgage. This is largely because the whole product can come across of having a feeling of being too good to be true.  Being sceptical like this is a good thing considering how many financial products out there bury …

Reverse Mortgage Rates And Penalties

Reverse Mortgage Rates And Penalties

Reverse mortgage rates and ‘what are your rates’ are very common questions that we get. The problem is that rates are particular to an individual. This is actually also the case for a traditional mortgage – just that most people don’t know this and many sites play a ‘bait and switch‘ type game by advertising …

The 400 Year History Of Reverse Mortgages

Reverse mortgages have been around for over 400 years, yet they are still often misunderstood in Canada. In order to address the misconceptions, it is useful to examine the history of reverse mortgages and how they have evolved over time. 400 Years of History The concept of seniors not having enough money to enjoy their …

Pros And Cons Of A Reverse Mortgage

Cons Of A Reverse Mortgage

In  this article we thought we would outline the real pros and cons of a reverse mortgage. Like any financial decision, there are both advantages and disadvantages that need to be considered. As the leading specialists in Canada, we believe in objectively showing you both the advantages and the disadvantages of a reverse mortgage – …

Top 8 Misconceptions About Reverse Mortgages In Canada

Top 8 Misconceptions About Reverse Mortgages

There is little doubt that reverse mortgages are one of the most misunderstood financial products in Canada. You might be wondering: where does this misunderstanding come from? Well we already know the answer, it is very simple.  This misunderstanding comes from the U.S.A. We have talked about this many times before and the fact that …

Mortgage Options For Seniors

Introduction Home is where everyone feels comfortable and it is a vital part of everyone’s life. If you are in your 50’s or 60’s, you have lived many years in your house and have thousands of memories there. You have raised your children there and spend valuable time with your friends and family. But, the …

Investment Planning for Retirement

Investment Planning is the putting of assets into the best possible speculation vehicles in light of the financial specialist’s future objectives, time skyline, and needs. In a perfect world, appropriate venture arranging will enable the speculator’s assets to deliver monetary rewards after some time. Investment Planning for retirement Build a Total Return Portfolio One regular …