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Reverse Mortgage as a Retirement Tool

General Angela Calla 28 Nov

Reverse Mortgage is a valuable retirement tool.

You want to stay in the home you worked so hard to pay for, the home you raised your family in.

You are not ready to move to a retirement home.

You could use additional funds to:

–      Pay off debts

–      Handle unexpected expenses

–      Help children or grandchildren

–      Make a special trip or purchase

–      Improve day-to-day standard of living

With a reverse mortgage you can access up to 55% equity in your home and use however you wish. They are easy to qualify for and have no monthly payments.

Here is an example of how a reverse mortgage can help…..

Whitney was introduced to us to explore her options. She is receiving her government pensions, and she is widowed. She doesn’t have any other income coming in and is finding things very expensive. She would love to gift equity to her grandchildren to help with their education, she would like to take a few trips with friends, and make sure she is set up for any unexpected expenses. She is also not ready to move. She has heard negative things about reverse mortgages, she wants to leave the equity to her children as an inheritance. She set up an appointment with our team to find out more. We had a good conversation with her, explained how they work, had a great meeting with her and her children. After understanding her options and how the reverse mortgage works, she decided to proceed. We set her up and now she is living her life like she never dreamed was possible and with much more freedom.

We are free to work with. Expert guidance going into our 20th year. Located in Port Coquitlam, BC, helping individuals throughout BC and across Canada.

We look forward to hearing from you!

 


Angela Calla is an 19-year award-winning woman of influence which sets her apart from the rest. Alongside her team, Angela passionately assists mortgage holders in acquiring the best possible mortgage. Through her presence on “The Mortgage Show” and through her best-selling book “The Mortgage Code, Angela educates prospective home buyers by providing vital information on mortgages. In light of this, her success awarded her with the 2020Business Leader of the Year Award.

Angela is a frequent go-to source for media and publishers across the country. For media interviews, speaking inquiries, or personal mortgage assistance, please contact Angela at hello@countoncalla.ca or at 604-802-3983.

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