Canadian Reverse Mortgages

In the beginning with Canada Reverse Mortgages

Reverse mortgages are very BIG in the United States and in Great Britain. Millions of seniors have acquired reverse mortgages over the decades that reverse mortgages have been around in the world. If you have equity in your home, and if you are at least 60 years old, you can get a reverse mortgage in Canada.

In Canada, since 1986 reverse mortgages have helped thousands and thousands of Canadians gain access to their home equity. Home equity just sitting in your home isn't working for you efficiently. You could be making money from your own money. And in today's climate of low, low interest rates seniors with fixed incomes could really use some extra income or cash. Wisely, seniors are learning that with reverse mortgages they can 'unlock' the equity in their homes - on a no income or no credit rating basis - and do the things that they'd like to do without worrying about making monthly repayments. Their cash flow is greatly improved. They live better ... and that sometimes means 'longer'.

Have you ever heard of CHIP? Sometimes you hear them called the Canadian Home Income Plan (CHIP). In 1986 CHIP made history as being Canada's first reverse mortgage Canadian lender. They have helped thousands draw income or cash out of their homes - homes that seniors would rather not sell or move from for many, many years. CHIP understands that and made their reverse mortgages extremely flexible for all off your foreseen and unforeseeable needs.

You may go to your local bank and see a 'whiteboard' boldly stating 'see us about Reverse Mortgages' ... but did you know that your reverse mortgage request will end up being the CHIP people? It is true. CHIP will be the ones that the banks give it to ... to underwrite your mortgage! Yes, it is true. It doesn't matter if you talk to a financial planner at the Bank of Montreal, or the Royal Bank, or any other major lender or mortgage consultant, your reverse mortgage in Canada will be underwritten by the Canadian Home Income Plan (CHIP) people.

The Canadian Reverse mortgage loan centre has been designed to give you information about Canada reverse mortgages only. We don't link up to other country sites. And we do that for a reason. Canadian reverse mortgages are unique to Canadians; and they have different rules. We are pleased to say that Canada offers the very best in contractual guarantees and benefits in the world. You never have to leave your home or be forced to sell your home. In fact, the CHIP people 'guarantee' in writing that their loan balanced owed will never exceed the market value of your home - and this is regardless of the time that you hold a Canada reverse mortgage (sometimes 20, 25 or even 30 years).

We encourage you to send in the reply form and get a free no obligation information package sent to you. But, in the meantime rest assured that you are in good hands, and each question will be thoroughly answered and the service to help you decide on whether or not a reverse mortgage Canada loan is best for you or not will be second to none. We are really good at the work we do.

Thirty years of reverse mortgages in Canada! Canadians are indeed 'unlocking' home equity that they have built up over the years so seniors can get their money to enjoy life on their terms. But the important distinction with us - we are mortgage brokers. We will advise you whether or not a Canada reverse mortgage is best suited for your own unique needs or not.

We will ensure that you obtain the right mortgage loan that is best for you. Send in the quick form and we'll help you make the right decision that is best for you.

"Our first interest is in your best interest''

Call Gregory Stanley Today

1 866 658-0492

Making the Decision - History of Reverse Mortgages - How to use the Money