by Terry Lynch | Jun 6, 2022 | Articles
A Reverse Mortgage can be a boon for ‘House Rich, Cash Poor’ homeowners. Many retirees are finding that their pension incomes are not keeping pace with spiralling inflation. A great opportunity exists for financial advisors to assist clients looking to... 
by Terry Lynch | Jun 2, 2022 | Articles
What is a Reverse Mortgage? A Reverse Mortgage is a loan secured against the value of the home. Unlike a loan or a regular mortgage, with a Reverse Mortgage you are not required to make regular mortgage payments. The loan is repaid only when the homeowners no longer... 
by Terry Lynch | May 31, 2022 | Articles
A number of myths and misconceptions about reverse mortgages have developed over time, mainly as a result of some bad actors from the past who offered a similar product. Mostly the misinformation tends to be spread by ill-informed ‘luminaries’ without any... 
by Terry Lynch | May 17, 2022 | Articles
One of the things that never ceases to amaze me is why most Realtors have not yet embraced the Reverse Mortgage product. With just a few exceptions, most of the realtors that I know seem to regard Reverse Mortgages as COMPETITION! Why not take a look at the largest... 
by Terry Lynch | Apr 11, 2022 | Articles
The federal government unveiled its highly-anticipated Spring Budget on Thursday, April 5 which proposes an additional $20 million to support Canadian seniors. The government says it will allocate that $20 million over two years, starting in the 2022-2023 fiscal year,...
