Are you 55+ years old?
Do you own your home?
- Square Capital brokered Reverse Mortgage Might be the Ideal Financial Solution for You!
- Turn Your Home Equity into Tax-Free Cash
Turn the equity you’ve built in your home into an additional source of income or cash with a Square Capital brokered Reverse Mortgage. A Reverse Mortgage allows Canadian homeowners age 55 years and older to access up to 55% of their hard-earned home equity tax-free in one lump sum or regular instalments without having to sell their homes.
Your home is typically worth more than what you owe. Due to the combination of the current appreciation in home prices, low-interest rates, and low LTV, there is generally minimal risk to the equity in your home. Think of it as a built-in retirement option that will allow you to enjoy your retirement stress-free. Those with bad credit are also likely eligible for a Square Capital brokered Reverse Mortgage solution since we secure the loan against the value of your home, not your credit history.
Call Square Capital today to start your retirement with ease.
One of the benefits of a Reverse Mortgage is that it allows you to continue living in the home you know and love while turning your home’s equity into income you want or need. This financing solution won’t disrupt your lifestyle in the slightest. It will allow you to make the renovations your home needs so you can enjoy your retirement in the comforts of the home you’ve made for yourself – all while retaining ownership of your property and not having to worry about monthly mortgage payments.
With a Reverse Mortgage loan, you’ll be able to invite family and friends over to the house you’ve made memories in for years to come. Retirement provides you with the ultimate freedom to live your life the way you want. Call Square Capital to apply for a Reverse Mortgage today and kick start your retirement today.
Apply today to experience the Square Capital difference. You’ll see why we are one of Toronto’s top mortgage brokers for bad credit, no credit, and great credit.
Here’s what some of our customers have to say about us as a trusted mortgage broker:
Being a flexible financing solution, there are plenty of advantages to a Square Capital brokered Reverse Home Mortgage:
As one of Toronto’s leading reverse mortgage brokerages, Square Capital is here for you from the beginning of your application until your tax-free money is in your account. There are plenty of options to choose from, so our team will help you decide which reverse mortgage solution best suits your needs.
You may be eligible for a Square Capital brokered Reverse Mortgage if you meet the following conditions
Reverse Mortgages are for seniors who want to maintain their financial independence and security well into their retirement while keeping their family’s future a priority. You’ll be able to use this financing solution to support your family, invest in your grandchildren’s education, cover everyday expenses, pay off debt, make renovations to your home, and so much more.
You’ll have complete freedom to do whatever you like because Square Capital brokered Home Equity Reverse Mortgage puts the cash you need directly into your pocket.
There’s plenty to discuss and go over before you decide which solution works best for you.
Square Capital will work with you to accomplish the following:
Square Capital offers two distinct Reverse Mortgages for you to choose from – fixed terms and variable terms.
Our variable term rates are determined by the lenders’ prime rate, which is affected when the Bank of Canada adjusts its benchmark rate. It is called a ‘variable term rate’ because it may fluctuate up or down over the course of your reverse mortgage term, so the interest rate is not locked in.
Our fixed term rate is locked in for the term of your Reverse Mortgage financial solution. Square Capital offers fixed-rate reverse mortgages from different lenders in six-month, 1-year, 3-year, and 5-year periods, so you can choose the solution that works best for you.
Having flexibility with how you receive the funds from your Reverse Mortgage is essential. Everyone’s situation is different, and we want to be able to help you no matter what.
You can choose to receive a one-time lump sum payment, monthly recurring payments, or a combination of the two. The following lists the features of both of these options: