RRM Mortgages

Are you over 55?

What:
A reverse mortgage is a loan secured by your home. The main difference between a reverse mortgage and a regular mortgage is that you do not pay principal or interest payments on the home for as long as you maintain ownership of your home 🏡

Who:
Reverse mortgages are for people ages 55+ looking to turn their home equity into cash 💰

Why:
Many times Canadians will have lived in their homes and built equity only to find themselves not able to spend a dime, while not looking to dip into their savings accounts. This is why the option of a reverse mortgage is extremely beneficial! 🙋‍♀️

📲 Let’s connect if you want to learn more about reverse mortgages!
•
•
•

Happy Valentines Day! ❤️
We love our clients and getting to know each one of you a little better!
Share what your plans are tonight. Are you going away or staying in with your loved one? 💕

Hey everyone! We know that buying a home for the first time can be both exciting and a little tense. To make your home hunt easier, let's sit down and put numbers together to help you figure out the best affordable price range before you start shopping! Take into consideration how much of a down payment you have saved and income earnings to determine a Mortgage amount you can take on!
A great benefit to help your down payment is an RRSP (Registered Retirement Savings Plan) which allows first time home buyers to borrow up to $25,000 (tax free) from your RRSP account for a down payment.
What a great deal! 👊🏼
Also, first time home buyers in Ontario are eligible for a rebate up to $4000 towards a Land Transfer Tax! We'll keep you posted for details! 📲📩

Sometimes it's hard to know where to start when planning to buy a new home. To simplify your time, ask us to guide you in every step of the way for your Mortgage search! We can go over the necessary paper work you will require and possibly need to dig out to collect before meeting for your Mortgage Pre-Approval appointment.
Ask us to schedule a free consultation to find which Mortgage Rate option is best suitable for your financing!