| Reverse mortgages
Retirees are using reverse mortgages,
For everyday situations and you should too, some of the retiree's we have assisted for various situations as listed below.
- Downsize your home
- Pay off debt
- Provide financial gifts to family
- Supplement your income
- Pay for in home care
- Purchase investments or investment properties
- Traveling
- Paying for an emergency situation
- Home renovations
And much more...
Now is the time to enjoy your hard earned home equity, without having to sell or make any monthly payments.
| Reverse mortgages
Retirees are using reverse mortgages,
For everyday situations and you should too, some of the retiree's we have assisted for various situations as listed below.
Downsize your home
Pay off debt
Provide financial gifts to family
Supplement your income
Pay for in home care
Purchase investments or investment properties
Traveling
Paying for an emergency situation
Home renovations
And much more...
Now is the time to enjoy your hard earned home equity, without having to sell or make any monthly payments.
What is a Reverse Mortgage?
A Reverse mortgage is a simple way to turn a portion of your home equity into tax free cash without any mandatory monthly payments required, or requirements to sell your home.
What is a Reverse Mortgage?
A Reverse mortgage is a simple way to turn a portion of your home equity into tax free cash without any mandatory monthly payments required, or requirements to sell your home.
What age can I qualify for a Reverse Mortgage?
At the Golden age of 55+ you can qualify for a Reverse Mortgage. To see what you qualify for get a free estimate.
Retain ownership of the home you love
Get the most out of your home and never owe more than it's worth when you fulfill your mortgage obligations.
Flexible advances that meet your needs
Receive your tax-free funds as a lump sum or over time. Plus, no monthly mortgage payments are required.
What age can I qualify for a Reverse Mortgage?
At the Golden age of 55+ you can qualify for a Reverse Mortgage. To see what you qualify for get a free estimate.
Will I lose ownership of my home?
Just like any typical mortgage product, your home belongs to you and your ownership will not change.
Do I need to take a large lump sum?
Because these funds are tax free from your home equity, you have the choice to receive a lumpsum payment or you can get monthly disbursements.
How can you make the most out your home’s equity?
Pay off existing mortgage or other debt
Supplement your income
Help family buy a property
Cover unexpected expenses
Renovate or refurbish your home
Travel more often
What will you use your Reverse Mortgage funds for?
Pay off existing mortgages or other debt
Supplement your income
Help family buy a property
Cover unexpected expenses
Renovate your home
Travel more often
Explore the benefits of our reverse mortgage
Build on your memories without losing old ones
Access funds from your home equity without downsizing or losing your family home.
Reap the benefits of your hard- earned investment
Create a living legacy that can be shared with your family now rather than later.
Be Prepare with Emergency Funds on Hand
Life can always throw you a curve ball or an unexpected family emergency, getting approved now for a Reverse Mortgage means you will always be prepared.
The benefits of a Reverse Mortgage
Stay in your existing home for as long as you need.
Access funds from your home equity without downsizing or losing your family home.
Gift funds to family so they can watch them enjoy it now.
Create a living legacy that can be shared with your family now rather than later.
Be Prepare with Emergency Funds on Hand
Life can always throw you a curve ball or an unexpected family emergency, getting approved now for a Reverse Mortgage means you will always be prepared.
We work for you, to review the different Reverse Mortgage products available on the market to determine which one provide the most benefit for your situation. Without any obligation to, so get your free estimate.
We work for you, to review the different Reverse Mortgage products available on the market to determine which one provide the most benefit for your situation. Without any obligation to, so get your free estimate.
What our customers say about us!
David is the first Person I have talked to in the past 27 years I have had mortgage who is extremely knowledgeable at his craft, kind and patient with his clients, he even impressed my husband ! Thank you very much for all your help. You truly are amazing. I am so glad my friend referred you to us.
Debbie Hewitt
David took care of us from intake to after the possession of our home. He was prompt replying to all of our inquiries, professional and very knowledgeable. Highly recommended! Thanks David! We truly appreciate your service.
Tonya Plus Derek
David is an awesome Mortgage Broker! He was extremely helpful in finding us the best rate and not to mention very, very patient. For those of you looking for the best... contact David Rhodd! I guarantee you won’t be disappointed! Thanks again David for your endless help
Hailey Garcia-Gonzalez
What our customers say about us!
David is the first Person I have talked to in the past 27 years I have had mortgage who is extremely knowledgeable at his craft, kind and patient with his clients, he even impressed my husband ! Thank you very much for all your help. You truly are amazing. I am so glad my friend referred you to us.
Debbie Hewitt
David took care of us from intake to after the possession of our home. He was prompt replying to all of our inquiries, professional and very knowledgeable. Highly recommended! Thanks David! We truly appreciate your service.
Tonya Plus Derek
David is an awesome Mortgage Broker! He was extremely helpful in finding us the best rate and not to mention very, very patient. For those of you looking for the best.. contact David Rhodd! I guarantee you won’t be disappointed! Thanks again David for your endless help
hailey garcia-gonzalez
Put your home equity to work for you
You made the decision to purchase a home and the hard work to maintain your home and the mortgage. You deserve to have your hard work returned, have your equity do all hard work while you enjoy living your best life.
Improve your monthly cashflow
At anytime during the term of your Reverse Mortgage you can decide whether or not you want to make a monthly payment. Giving you the opportunity to have more left over at the end of the month or take a well deserved vacation.
Have your equity do all the work
Taking out your home equity to invest in real estate or help a family member to acquire a home could be a good way to see the benefits of your hard work.
Your home, your rules
You remain the owner of your home and you still have the ability to leave this asset to your family. You do not have to sell your home, retire where you are most comfortable.
Put your home equity to work for you
You made the decision to purchase a home and the hard work to maintain your home and the mortgage. You deserve to have your hard work returned, have your equity do all hard work while you enjoy living your best life.
Improve your monthly cashflow
Ay anytime during the term of your Reverse Mortgage you can decide whether or not you want to make a monthly payment. Giving you the opportunity to have more left over at the end of the month or take a well deserved vacation.
Have your equity do all the work
Taking out your home equity to invest in real estate or help a family member to acquire a home could be a good way to see the benefits of your hard work.
Your home, your rules
You remain the owner of your home and you still have the ability to leave this asset to your family. You do not have to sell your home, retire where you are most comfortable.
Reverse mortgage FAQ
How do I qualify for a reverse mortgage?
Qualifying for a Reverse Mortgage is largely based on property type, location, and borrower’s age. You must be aged 55+ with homes in urban centers across Canada.
How much equity can I access?
The amount that can be borrowed will depends on two factors. One, the borrower’s age. And secondly, the home’s appraised value. Borrowers can now access from 30% to 55% of their home's value.
Can I get a reverse mortgage with bad credit?
Yes you can. While it’s encouraged to be a good steward of your credit and financial obligations, we understand that life happens and unforeseen circumstances arise. That’s why we have options for everyone.
With a reverse mortgage, who owns the house?
You do. You will not transfer ownership of your property to the Reverse Mortgage provider.
What if I already have a mortgage on my property?
If you have a mortgage, it will be paid off using the Reverse Mortgage funds, so that the Reverse Mortgage can be registered in first position.
Reverse mortgage FAQ
How do I qualify for a reverse mortgage?
Qualifying for a Reverse Mortgage is largely based on property type, location, and borrower’s age. You must be aged 55+ with homes in urban centers across Canada.
How much equity can I access?
The amount that can be borrowed will depends on two factors. One, the borrower’s age. And secondly, the home’s appraised value. Borrowers can now access from 30% to 55% of their home's value.
Can you sell my home
If you continue to meet all your mortgage obligations, you should have no concerns about losing your home to any Reverse Mortgage provider.
Can I get a reverse mortgage with bad credit?
Yes you can. While it’s encouraged to be a good steward of your credit and financial obligations, we understand that life happens and unforeseen circumstances arise. That’s why we have options for everyone.
With a reverse mortgage, who owns the house?
You do. You will not transfer ownership of your property to the Reverse Mortgage provider.
What if I already have a mortgage on my property?
If you have a mortgage, it will be paid off using the Reverse Mortgage funds, so that the Reverse Mortgage can be registered in first position.
Your one stop shop
As a Certified Reverse Mortgage specialist we work with all the Reverse Mortgage providers to bring you the solution that best suits your needs.
Limitless Solutions financial group is a financial company specializing in mortgages and investments. Established in 2008, they have over a decade of experience in the financial field. We are a diverse team of Mortgage Agents and brokers that are in sync with the Limitless Solutions Financial Group vision. We always put our clients best interest first, free no obligation advice everyday.
Financial Group
LIC#13207
Copyright 2024 . All rights reserved