Our friendly expert Gregory Stanley would be happy to personally explain the advantages of a Canada Reverse mortgage. He is just a toll free call away, direct to his desk, call him at 1 866 658-0492, for his helpful and FREE advice for seniors wanting to discuss a Canada reverse mortgage. You should call him before you make a decision to either obtain a Canada reverse mortgage or simply obtain a conventional mortgage Canada loan. He will help you.

“My first interest is in your best interests”

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Gregory Stanley CFP AMP is a duly licensed Canada mortgage consultant and also a Certified Financial Planner who has been in the financial services industry for over 22 years. He has conducted many seminars for seniors, a contributing Money Column writer for senior publications, and even been on the Daily Edition television show to help Canadians plan their retirement. He knows the unique needs that seniors face financially and understands the reasons ‘for and against’ having a Canada Reverse Mortgage. More about Greg

First here are some quick highlights you should know about a Canada Reverse Mortgage. Gregory Stanley, mortgage consultant expert, says that:

• You should be 62 years or older to obtain a Canada reverse mortgage
• The minimum size of a Canada reverse mortgage is $20,000. It should really be higher … and can be as high as ½ million dollars!
• The cash you receive from a Canada reverse mortgage is TAX- FREE.
• You do not have to make any repayments to your Canada reverse mortgage as long as you (or your spouse) continue to live in your home.
• You have fabulous flexibility with your Canada reverse mortgage. You can never be told to sell or move from your home.
• Proper expert advice will mean that you will only ‘take out’ the right amount of equity for your needs. And you will always be able to continue to live in your own home. Cash now… and ‘keep on living’ in your own home. It is that easy.
• Your home equity in your home is like a shoe-box in your closet. You own it … but it is not working for you. Getting a Canada reverse mortgage is like opening that shoe-box and taking out some thing valuable and using it. In your case it is the equity in your home. And this equity can do some really wonderful things. See below just a few ideas for things you can do with your Canada reverse mortgage….

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How to use your Cash from your Canada Reverse Mortgage

Most seniors live on a fixed income! If you don’t live on a fixed income then you are one of the very lucky ones! Living on a fixed income is one common situation that most seniors face. And this important fact makes a Canada reverse mortgage very attractive. Sometimes in life you need cash to pay for those unexpected financial needs that occur. I mean, is it not true that if you live long enough you suffer or you know someone in your family that suffers from some financial crisis? Eventually most people have a financial need … and a Canada reverse mortgage can assist you.

Perhaps your health is worse now than before. For example, let us assume that you now need or expect in the near future that you will need home care or in-home help. Or maybe you need to pay for some unexpected medical expense? How are you going to pay for it? With a Canada reverse mortgage you now have the cash to pay for those medical expenses. There is no monthly repayment necessary. You can pay that bill and just keep on living on your fixed income because you chose to obtain a Canada reverse mortgage.

Do you find that your fixed income is less than you can live on? Are you unable to go visit the grandkids because of the cost? The price of gas keeps going up and you think ‘oh my God’ I can’t afford going as often? Well, a Canada reverse mortgage will solve that problem. It will give you the extra cash to take the pressure off managing your day-to-day expenses.

But sometimes solutions are in just paying off other loans that have higher interest charges or demand a quicker pay back schedule. With a Canada reverse mortgage you can pay off all your other loans, debts, and credit cards altogether! You can increase your monthly cashflow by removing all of your loan payments on any other debt you have! And remember with a Canada reverse mortgage you don’t have to make any monthly repayments. How nice and better would your situation improve if you didn’t have make anymore payments on your credit card payments, or car loan, anymore? Would it make the difference of taking that holiday? And being able to see a loved one with the extra money you now have to live on each month? If the answer is ‘yes’ then you could use a Canada reverse mortgage.

Perhaps you would like to make home improvements …for medical reasons or just for fun? A new kitchen is fun to cook in for family gatherings. Or a easier bathtub to get in and out of and making your access more friendly. Perhaps you need money to build a rental suite so you can earn more monthly income? A Canada reverse mortgage can provide the cash to do this! And again, with a Canada reverse mortgage you don’t have to make monthly repayments to repay the loan. Your fixed income is preserved! You can even make additional income with the suite that you build by using the cash to build your suite from your Canada reverse mortgage.

Sometimes you may feel like helping with the education needs and expenses of a loved one? Post secondary, or trade school for a child or grandchild. Where is the money going to come from? You could borrow it with a home equity loan from a bank? I mean, we are in the mortgage business so you would think a mortgage consultant would tell you to do this. But Gregory Stanley will not. He will see if it is first in your best interest to make that decision or not. You see, with a Canada home equity loan or a Canada mortgage you have monthly loan payments to make. This is not fun when you live on a fixed income! But with a Canada reverse mortgage you get the cash you need to make a gift to a child or grandchild and you have NO monthly repayments to make. Your fixed income is not affected. And that cashflow saving is important to a senior!

Need to buy a new car? Don’t want an expensive car payment in your life? Then you should consider using a Canada reverse mortgage. No payments! You get a new car … you get to continue living in your house … and no repayments. It is that simple to enjoy.

Maybe you need cash to make an investment or buy another property. A Canada reverse mortgage will give you the cash to do this. Again, no monthly repayments are necessary. It could mean the difference of buying a condo ‘near the kids’ or have a vacation property that everyone in the family can meet and enjoy together.

You can speak to Gregory Stanley for friendly and expert advice. He will help you make a decision that is in your best interest. Or you can just send in the application form below. Once received, Gregory Stanley will review it, and then email you, and make arrangements for a 'free' and 'no obligation' information package be sent to you. You will also be contacted and any questions about Canadian Reverse Mortgages will be answered.

Call Gregory Stanley Today

1 866 658-0492

"My First Interest is in your Best Interest"

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