Get tax-free cash with an Equitable Bank Reverse Mortgage
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What can a reverse mortgage do for you?A reverse mortgage gives you access to the equity that already exists in your home, turning a portion of it into an additional source of cash—tax and payment free. This financing solution allows you to enjoy your lifestyle and focus on your priorities, like paying off debt, covering everyday expenses, making renovations, and supporting your family—all while retaining ownership of your home, and making no payments until the mortgage is due.
You may be eligible if:
Link: Equitable Bank
https://www.equitablebank.ca/residential/reverse-mortgage?utm_source=bing&utm_medium=cpc&utm_campaign=*EquitableBank_PATHReverseMortgage&utm_term=Reverse_reversemortgage&msclkid=03c0922280e8174e8668cc7c76e3b893
You may be eligible if:
- You are Canadian, and are aged 55 and over
- You live in a major urban centre in BC, AB, ON, or QC
- You live in your home for more than 6 months per year
- Your home’s value is more than $250,000
- Tax-free cash
- No monthly payments
- Flexible advance and repayment options
- Retain ownership of your home
- No negative equity guarantee*
Link: Equitable Bank
https://www.equitablebank.ca/residential/reverse-mortgage?utm_source=bing&utm_medium=cpc&utm_campaign=*EquitableBank_PATHReverseMortgage&utm_term=Reverse_reversemortgage&msclkid=03c0922280e8174e8668cc7c76e3b893