Reverse Mortgages

One of our trusted banks which provide reverse mortgages is HomEquity Bank.
Please click here to get more information about their reverse mortgage product

Are you homeowner? and would like to unlock some of the equity in your home?

A Reverse Mortgage might be for you.

Would you like more income?
Do you have debt, but would prefer not to make monthly payments?
Would you like to stay in your home and not move?

A Reverse Mortgage is a tax-free source of money that can help eliminate existing debt payments, enhance your retirement, cover the rising costs of home ownership and can be used for many purposes including investing to create more income!

There are no regular payments required until you choose to move or sell.

Some interesting facts:
Approximately 77% of senior homeowners net worth is lockup in their home equity *according to Statistics Canada 2003
84% do not want to move *according to Decima Research 2005

This product is available to
Homeowners 55 years and older
Must be your principal residence
Location and type of home must qualify
There are no medical, income or credit qualifications

Funds can be in a lump sum or over time. Most clients prefer the lump sum payment.

Please contact us for more details, to apply and to discuss if this option is best for you.

VERICO ZANDERS & Associates Mortgage Brokers Inc. is a mortgage broker offering Mortgages in Whitehorse, Yukon, all through the Yukon Territory and all of BC, including Port Moody, Greater Vancouver, Lower Mainland.