Buying a second home: How it works in Canada
Whether it’s for yourself or it’s an investment, here’s what you should know about the rules, requirements and financial...
Reverse Mortgages
How to use equity to buy a second home
We look at four common ways of financing the purchase of a second property using equity built up in...
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“Which reverse mortgage is right for me?”
Two lenders in Canada offer reverse mortgages—and while their offerings are similar in many ways, there are key differences...
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What happens at the end of a reverse mortgage?
Myth: seniors who sign reverse mortgage contracts will lose possession of their homes. In fact, there are three common...
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Downsizing vs reverse mortgage: Which option is right for you?
Depending on your age, where you live currently and where you want to live in retirement, selling your home...
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House rich: How to access the equity in your home
With property values continuing to increase in many parts of the country, many homeowners are looking for ways to...
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Reverse mortgage vs HELOC: Deciding the best way to access the equity in your home
If you don’t have income, or suddenly face a job loss or emergency expense, it may be difficult to...
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Myths and facts of reverse mortgages
Although there is growing interest in this financial product, which allows Canadians to borrow up to 55% of their...
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Is a reverse mortgage right for you?
Drawing on the equity in your home, a reverse mortgage is like a loan to yourself—and one you won’t...