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Reverse Mortgage

How Can We Help?

The Best Place To Retire Is In Your Own Home

Reverse mortgages are specifically designed to give seniors more options. The loans allow homeowners to remain in their home while drawing on their home equity to travel, purchase a new car or take the grandkids on more adventures. We believe the best place to retire is in your own home. If you are a Canadian homeowner 55 or over, you can turn up to 55% of the value of your home into tax-free cash.

 

At Mina Mortgage, learn more about how reverse mortgages can help you retire on your own terms.

The Advantages of Reverse Mortgage

  • No recurring loan payments need to be made.
  • No monthly mortgage payments.
  • No constraints on how the money is used.
  • Gives you the ability to turn your home equity into cash without selling.
  • No taxes are owed on the borrowed money.
  • Does not impact Old-Age Security or Guaranteed Income Supplement payments.
  • Ownership of the home does not change.
  • Many flexible options on how you can receive the money.
Your home isn’t just a home to you – it’s a home to your family. A home to memories and the future. A future you should look forward to when you retire. When you’ve spent your life in your home, you shouldn’t have to move. Mina Mortgage understands that and believes you should have the freedom to enjoy the retirement you deserve. With Mina Mortgage, your retirement is right at home.
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.90
First Home Buyer Application Approvals

During 2020

.60
Second Mortgage Application Approvals

During 2020

We can hold your hand each step of the way

There will never be a point during the mortgage application process where you are on your own or are not sure what you need to do next. Mina Mortgage knowledge, friendly home loan experts are on your side.

We Work Around Your Obstacles

Not every homebuyer has a perfect credit score or a long, stable work history. Whatever your story, we will work hard toward getting you into your dream home. We work around your obstacles.

We help you to unlock & unleash the power within.

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Successful Applications

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Approved Second Mortgages

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Self Employed Mortgages

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Investment Mortgages