If you’re a senior.

If you’re like many seniors, you've seen your retirement income shrink in recent months, your Mortgage Concierge Advisor has a range of mortgage tools and resources which can help improve your cash flow. Chances are you still have substantial equity in your home which is producing no income. Now may be the time to put that equity to work.

The first step is to contact us for a no-charge analysis of your needs. By understanding your financial situation, future plans and current requirements, we can formulate a mortgage strategy that can free up the funds you need.

If you're looking for a lump sum to fund a grandchild's education or take a dream vacation, we may recommend taking out a small mortgage on your home (or refinancing an existing mortgage) with an extended amortization so the payments are extremely low. Or, as is common amongst seniors, if you'd prefer to avoid payments altogether, we can partner with the CHIP Home Income Plan to provide a reverse mortgage.

Perhaps your monthly credit card payments have begun to outstrip your income. In that case, we may recommend consolidating several debts into your mortgage so your overall interest costs are reduced.

If you're still working on increasing your retirement assets, we can help make your mortgage tax deductible so you can increase the funds you have for investing, while reducing taxes.

The best way to see which solution is right for you is to sit down with a Mortgage Concierge Advisor today!