Top 8 Questions About Reverse Mortgages.By Scott WestlakeApril 14, 20230 comments#reversemortgage #equitytakeout #refinance #CHIP 1. if i have an existing mortgage on the property, can i get a reverse mortgage? Not only is this the most common question regarding reverse mortgages, it is actually one of the most common uses for a reverse mortgage – to pay off the current mortgage and eliminate that payment ...Read more...
CHIP REVERSE MORTGAGEBy Scott WestlakeMarch 11, 20200 comments#chip #reversemortgage #twt #dlc #oakville #babyboomers Over the last few years its been evident to our team there is an aging demographic of clients, looking to access equity in their homes that they have built up over the years. Running in parallel, lending has become a lot more strict and it hasn't been as easy for clients to ...Read more...
A Guide to the CHIP Reverse Mortgage ProgramBy Scott WestlakeMarch 7, 20190 comments#reversemortgage #CHIP #CHIPreversemortgage #retirementmortgage #twt #thewestlaketeam #scottwestlake #mortgagebroker We just received the updated guide for CHIP Reverse Mortgages and are available for distribution. This guide covers the following topic: 1. A note from the President of CHIP 2. What is a Reverse Mortgage 3. The Benefits of CHIP Reverse Mortgage ...Read more...
Reverse Mortgage Oakville & GTABy Scott WestlakeFebruary 5, 20191 comments#reversemortgage #reversemortgageoakville #oakvillereversemortgage #thewestlaketeam #twt #scottwestlake #reversemortgagegta #CHIP #chipmortgage #patch #pathmortgage 1. What is a Reverse Mortgage 2. Eligibility for Reverse Mortgage 3. Qualifying for a Reverse Mortgage 4. Repaying the money you borrow 5. Cost to get a Reverse Mortgage 6. ...Answer1. A reverse mortgage is solution for home owners 55 years and older that want to access equity from their home without having to sell it. For clients that may not have the income to qualify from ...Read more...