REVERSE MORTGAGES IN PICKERING

Reverse Mortgages in Pickering

Maintain ownership and control of your home.  Live a better retirement!

With a CHIP Reverse Mortgage you can stay in the comfort of your home without having to move or sell, make no monthly payments, and live a financially stress-free retirement on your own terms.

What is a Reverse Mortgage?

  • A Reverse mortgage is a way for homeowners 55 or older to turn up to 55%* of the value of their home into tax-free cash.
  • It is a loan secured against the value of the home, but unlike a traditional home equity line of credit or a conventional mortgage it does not require monthly mortgage payments for a long as you live in your home

Your Obligations

You are required to pay your property taxes and home insurance and keep your property well maintained.

Benefits:

  • Pay off debts
  • Renovate or make your home more accessible
  • Handle unexpected expenses
  • Help your children or grandchildren
  • Improve your day-to-day standard of living
  • No payments required unless you choose to move or sell

How To Qualify:

  • You and your spouse are both of 55+
  • Your home is your principal residence
  • Any outstanding loans against your home must be less than the funds available from CHIP

Reverse Mortgages available for seniors!  To apply or to discuss your options call us at 1.877.834.9346.

*some conditions apply.

From a guide to reverse mortgages.

TESTIMONIALS

  • After speaking with several Brokers, my wife and I found that Steve Bryan at Mortgage Alliance was the right broker to handle our mortgage situation. He was highly professional, proactive, knowledgeable and patient. Steve and his associates followed up regularly, and took the time to explain all the pros and cons, this allowed us to make the best decision for our family. They work swift and accurate, wrapping up all of our matters within a couple of weeks. We would definitely contact Steve Bryan for any future mortgage concerns and recommend anyone looking for mortgage services to his brokerage.

    — Peabo & Sabrina S.
  • Referring u to friends/family is easy. I am picky and you addressed all my questions/concerns in a timely and professional manner. You were also extremely knowledgeable and provided me with some key information that assisted me in getting a property that meets all my needs by telling me about the home improvement loan from the bank.

    — Sophia
  • I have known Steve Bryan for the past three years …

    At our meeting I told him I was looking for a second mortgage on my home, he explained the steps involved in the process with great clarity he was very articulate, professional and effective. Steve was able to secure the mortgage with B2B bank at a reasonable interest rate and to my satisfaction.

    What I appreciated most was Steve’s dedication, commitment and driving results, I will recommend him to anyone in the future.

    — Judith D
  • If you’re looking for someone that will work for you and have your best interests at heart your search stops here. Steve fights for his clients to the end and never gives up on a deal until he gets it done. Thank you Steve.

    — Shelley D.
  • We were recommend to Steve by a family friend and he was very professional and took the time out to lets us understand the pros and cons for what we wanted to do. When we decided what we wanted to do he gave us the best option. He’s patient and he makes sure you have all required documents before proceeding. I would recommend him to everyone.

    — Damian H

FROM OUR BLOG

top
WE CAN HELP YOU!
close slider