Reverse mortgages are providing Canadian seniors with options come retirement time. As more seniors enter their retirement year with less savings, they find themselves with greater equity in their home. So, taking out a reverse mortgage can make a lot of sense. But knowing reverse mortgage costs before taking out a loan can be an […]
Working with an independent mortgage professional, like Lotus Income, can give you an increased understanding of things like reverse mortgages. There are a ton of reverse mortgage misconceptions out there that bear clarifying. Despite some experts’ belief that reverse mortgages are bad, they continue to grow at an exponential rate. With 28 percent annual growth, […]
More and more Canadians are reaching retirement age without having the funds that they need. There are, however, options worth exploring. Reverse mortgages, for instance, are one method that is bailing out Canadian retirees when the big day comes. One of the major questions to ask is which financial institutions offers reverse mortgages. Knowing ahead […]
Retirement is something that is on our minds more and more as we age. We all think about the day where working is no longer a requirement but achieving that goal isn’t as easy as it seems. For this reason, more and more Canadian seniors are turning to reverse mortgages. Even if it seems like […]
Our clients and communities remain our top priority As COVID-19 developments continue to change rapidly, we are doing our best to adapt to how we work while protecting the safety of our people. To do this, we are monitoring the Coronavirus situation carefully so that we can continue to serve our valued clients. Due to COVID-19, […]