Many Seniors turning to Reverse Mortgages
The Government of Canada continues to keep CPP static. Old Age Security (OAS) top up continues to be insufficient to seniors looking for extra income.
As a result many are turning to Reverse Mortgages. Available to those who are over 55, Reverse Mortgages enable Retirees to access up to 55 percent of their home's value.
Because Reverse Mortgages enable you to stay in your home and avoid making any monthly mortgage payments they are becoming increasingly popular.
To get a CHIP Reverse Mortgage see a Mortgage Boker in London Ontario.