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Reverse Mortgages

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Reverse Mortgages

The Lender Will Pay Up To 40%

Finally with reverse mortgages the lender will be paying you! Reverse mortgages enable you to convert some of your home equity into money that the lender pays out. Depending on the location and type of your home and on your age and the age of your spouse you may eligible to access 40% of your current appraised value of your home.

Check If You Are Eligible To Apply

Our team at Certified Mortgage Brokers can help you access these funds. The money will not be taxed as income and you can choose to get it in installments or in a lump sum payment. This is an amazing opportunity for older homeowners. Reverse mortgages apply to people over 60 years old and those that fit the location and home criteria. Contact one of our representatives to find out your eligibility for a reverse mortgage.

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Benefits of Reverse Mortgages In Toronto

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The major benefit of a reverse mortgage is that you don’t have to change your current payment mortgage plan, or sell your home in order to receive money. Debts left on existing mortgages must be fully paid off in order to qualify for a reverse mortgage. There are greater options, if your debt is below the amount of your reverse mortgage. We can help you to get to use your reverse mortgage to first pay off your debt and then be entitled to the remaining amount of money.

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Get your peace of mind and comfort during your retirement; call CMB if you have any specific questions or to find out more details about reverse mortgages. One of our experts will be happy to help you.

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Henry Wright

Was looking for a mortgage broker in Toronto. Heard about Leon and his team from a co worker and decided to give them a call. after some time on the phone talking about mortgages and what would work best for me I was VERY impressed. They were polite and most importantly they knew what they were talking about. We then scheduled an appointment and I got my mortgage with a great rate. Definitely recommend.

Gina Carroll

Got tired of sow service and mediocre rates from my bank, so I started looking for a mortgage broker. Had some family friends recommended Leon and his team, so decided to check them out. Was very impressed with Leon, he guided me through step by step, recommended a mortgage and I ended up switching to him. My rate is better and he always answers call and emails right away.

Wilton Marble

A little while back my wife and I finally decided to stop renting and get a place of our own. After some searching we found a condo we both liked and that was in our price range. The next step was a mortgage, but honestly, neither of us knew too much of what we were getting into. We found Leon and his team after a quick search on google and have had a wonderful experience. Leon and his team of mortgage brokers are VERY knowledgable, polite, work fast and just all around very professional. They answered all our questions and we got a great rate.

Afton Jaskolski

Getting a private mortgage was not easy to be honest, but at least with Mr. Leon it was doable. Thank you for your help!

Wendy Langdon

Going through with this company was my best decision. These Burlington mortgage brokers are real professionals. They helped me to save thousands of dollars, I'm not sure I'd find such a good offer myself.

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