Frequently Asked Questions

Canadian Reverse Mortgages

What are my responsibilities to keep the Reverse Mortgage?

There are 4 things you are required from you as the homeowner to keep your Reverse Mortgage in good stand.

  • Ensure you live in your home more than 6 months per year
  • Ensure you keep your property taxes up to date and paid on time
  • Ensure you have current and valid property insurance
  • Ensure you keep the value of your property by maintaining it and keep it in great condition

If you have any questions regarding this, we are here to help!

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