Selling Real Estate to Family Members
A couple of weeks ago I talked about intergenerational wealth transfer and how reverse mortgages have propelled into the market place as a vehicle to access valuable equity with absolutely no monthly payment obligation. The homeowner (who must be at least 55 years of age) can apply to access up to
High Net Worth Mortgage - increasing your borrowing power with your assets
Today I'm gonna talk about one of my favourite qualification guidelines - the High Net Worth mortgage. This is truly one of those money-talks type of products...money talks as in, the more liquid assets you hold, the more mortgage you can qualify for. This mortgage really comes in handy for those a
Reverse Mortgages & Intergenerational Wealth Transfer
Wouldn't it be great if there was a mortgage that didn't require an income to qualify for it? And better yet, absolutely no obligation to make a single payment on the principal debt throughout the life of the mortgage? Well there is! It's called a Reverse Mortgage. Whether you're a fan of them or
Recent Posts
