Understanding reverse mortgages in Ontario is easier than most people think. To start, people need to clear up a few misconceptions and understand that these are very similar to traditional mortgages. Of course, there are a few exceptions and these include: The big advantage that there are no monthly payments to be made. In fact, this is the kind of flexibility that draws many people to this financial product in the first place. Reverse mortgages are a wonderful product for people looking for financial peace of mind. Whereas traditional mortgages are available to every age group, reverse mortgages are specifically…
adminMarch 1, 2018
