Reverse Mortgage
Reverse Mortgage in Wasaga Beach, Ontario
Ontario Mortgage Agent
A reverse mortgage is a type of loan that is secured against your principal residence. This financing solution gives you access to tax-free cash with no mandatory ongoing payments. Interest is calculated on the outstanding balance of both principal and interest throughout the life of the loan.
The outstanding balance will increase accordingly over time. Your reverse mortgage must be repaid when the last remaining homeowner leaves the home, which generally happens through sale of property where the proceeds are used to pay back the loan.
Serving Clients Across
Wasaga Beach, Midhurst, Elmvale, Barrie, Innisfil, Coldwater, Collingwood, Honey Harbour, Thornbury, New Tecumseth, Simcoe County, Durham Region, Greater Toronto Area, and the surrounding areas. Contact Vertille Lewis - Mortgage Agent in Wasaga Beach, Ontario.
