Here’s what you will learn from our complimentary guide:
1. An explanation of what a reverse mortgage is and how it works
Discover all the pros and cons you must know before making a decision.
2. Straightening out the myths surrounding this financial solution
There are endless untruths and misconceptions regarding this mortgage plan, like the myth that you could lose your house. This is completely false.
We will discuss the true benefits and drawbacks and correct falsehoods like this one.
3. Examining other options
If you are considering alternate solutions like many other Canadians, you will want to know how it stacks up to the alternatives. That’s why we compare a reverse mortgage to a Home Equity Line of Credit (HELOC), which is the most common alternative.
You’ve worked hard all your life. Now let an expert do the hard work for you.
We intend to save you hours going from bank to bank and lender to loan provider. We’ve already done the research for you and are ready to share it.
Rather than trying to work this out on your own, let us help. As part of Dominion Lending Centres Edge Financial, we provide objective and professional recommendations.
Put your financial worries aside. We’ll take it from here.
Our free assistance will remove any concerns you may have and ensure your financial issues are taken care of.
Don’t stress. You’re in good hands.
Your Leading Resource For Quebec Reverse Mortgage Information
Why we released this free service
This type of mortgage loan is becoming increasingly common with people over 55 in Quebec who have significant net worth locked up in their home.
Nevertheless, we discovered that info on the process was lacking and individuals found it confusing.
There is a ton of misinformation and inaccurate claims easily accessible online that may scare some people off of considering this mortgage solution.
So, we developed this website to help individuals like you in Quebec learn about the mortgage loan options and how they work from an independent and objective source.
We do not only help individuals in Quebec, but also homeowners over 55 across Canada.
Taking a look at the myths
It was quite a shock for us when we realized exactly how much erroneous information was being published.
Many of these sources come from the U.S.A. where reverse mortgages are totally distinct and much more risky than ours in Canada.
Canada has a much more conservative, secure set of lenders than America. Therefore, they are safer and better in Canada for you, the consumer.
How else do Canadian and American mortgage options differ?
Let’s look at three examples.
Firstly, in Canada, you cannot lose your home – ever. This is clearly stated in the legal agreement you will sign.
It was not like this in the U.S.
Secondly, you can never owe any more than your house is worth.
On a daily basis, we hear from concerned Quebeckers who wonder if they will lose the equity in their home. The fact of the matter is that 99% of Canadian mortgage holders actually have had equity left over in their home when the agreement was released.
The third and final difference we wish to clear up about is that no payments are needed – ever. You can, however, make voluntary payments if you so desire.
To review, with a Canadian reverse mortgage, you keep your home forever, you can keep your home equity in most cases and you are not required to make any monthly payments.
For more information, check out the following articles:
Download Your Free Reverse Mortgage Guide for Quebec Home Owners
Having gotten this far, you might be wondering whether it’s really all that simple.
We understand that you must do your own research before making such a big decision. Our complimentary guidebook is meant to make the process easier for you.
It provides all the details you need to make a decision and decide whether or not an option is right for you.
We made sure to include the drawbacks, too, and how this particular mortgage plan compares to a Home Equity Line Of Credit (HELOC).
Put simply, if you are considering getting a mortgage loan for your Quebec home, then you need to read this before making your decision.
Everything you need to learn about Quebec reverse mortgages is to be found inside – we covered it all.
How to go about researching a Quebec reverse mortgage
As with any big decision, rushing it is without a doubt the biggest mistake you can make.
Our entire service is created to make sure you have all the details you require, you are totally pleased with everything, and you feel no pressure to take your time contemplating this important decision.
Do not hurry through the process. Read our free download from cover to cover so that you have as good an understanding as anybody about Quebec reverse mortgages.
The guide is just the first part, too. We offer totally free, professional and unbiased help and guidance regarding your mortgage choice. We don’t work for the bank or any mortgage lenders.
All of it starts with our free eBook – download it now to get the information you need to survey your options.
At this point, we suggest you consider the following three steps:
1. If you are still aiming to grasp the basics on how the process works and what they are, our complimentary eBook is the best place to start.
For those who understand the essentials but have some more advanced issues or questions, give us a shout by e-mail or phone.
Finally, for those Quebec property owners who already understand reverse mortgages and are prepared to take action, you can go to our quick form.
Our team are independent and certified mortgage experts who will look over your details and offer you impartial suggestions regarding whether this is a good fit for you.
We hope you now have a better understanding of the process overall and feel confident to take the next step, either by downloading our eBook, filling out our assessment, or chatting with us. We wish you the best of luck and look forward to hearing from you.