David Imler
Mortgage Broker - M10002657
Tel: 905-999-8138 | Cell: 905-999-8138
Like many other Canadians you may be considering using the equity you've built in your home to re-invest in your dreams or consolidate debt.
The Canadian Home Income Plan (CHIP) our reverse mortgage solution has helped thousands of older homeowners enjoy more financial flexibility without having to sell or move.
The Mortgage Centre understands that everyone has a unique lifestyle, and we believe your mortgage financing should be just as unique.
The new property will have to meet the lender's guidelines, and usually the lender will also require that the borrower reapply or requalify for the mortgage financing. The original mortgage will be discharged from title when the original property is sold, and a new mortgage will be registered on the borrower's new property when it's purchased.
Talk with us today!
*May not be offered through all lenders. Details will vary between lenders.