Tag: Equity Takeout

Is a Reverse Mortgage a Good Idea?
Featured, Gail's Vlogs

Is a Reverse Mortgage a Good Idea?

There are a lot of myths surrounding reverse mortgages. We often hear clients worried that they’re losing all of the equity in their home or that the bank will own their home, but none of this is true. Reverse mortgages can actually relieve a lot of stress and worry when it comes to money, especially […]

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Is it a Good Time to Refinance?
Featured, Gail's Vlogs

Is it a Good Time to Refinance?

It’s no secret property values have increased over the last year. It’s also no secret that mortgage rates have decreased too. Is now a good time to refinance your mortgage too? Let’s chat and find out what option is best for You and Your family ! I’m just a phone call away …

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What happens if you put down less than 20% on a house?
blogs, Featured

What happens if you put down less than 20% on a house?

In Canada, we can provide mortgage financing to qualified homebuyers with down payments as low as 5% down. With less than 20% down, the mortgage is now insured against default. Mortgage default insurance can help buyers purchase a home and begin building equity sooner, compared to renting – where you gain no equity and increase […]

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Demystifying Reverse Mortgages
Gail's Vlogs

Demystifying Reverse Mortgages

I had the pleasure of speaking with Angela Lattuca of Home Equity Bank about CHIP, the Reverse Mortgage that is available to all Canadians over the age of 55. There are a lot of myths and unfound facts the are circulating, so we have talked about the features and benefits of how CHIP can help […]

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