“Which reverse mortgage is right for me?”
Two lenders in Canada offer reverse mortgages—and while their offerings are similar in many ways, there are key differences you should understand if you’re considering one. How much can you borrow? What rates do they charge? Can you pay back the loan at any time? Read on for answers.
Original Article Source Credits: MONEYSENSE , https://www.moneysense.ca/
Article Written By: SPECIAL TO MONEYSENSE
Original Article Posted on: SEPTEMBER 8, 2021
Link to Original Article: https://www.moneysense.ca/spend/real-estate/mortgages/which-reverse-mortgage-is-right-for-me/