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ReverseMortgage Burlington.ca

Free tool, about 2 minutes

Reverse mortgage assessment: is it a fit for you?

This free reverse mortgage assessment asks ten plain questions about you and your Burlington home. Your result is one of three: worth a closer look, compare carefully first, or not the right fit for now. Each one explains why.

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No cost · No credit check · No sales pressure

Question 1

1. What is the age of the youngest person on the title?

Question 2

2. Do you spend most of the year living in this house?

Question 3

3. Which best describes the property?

Question 4

4. How much longer do you plan to live there?

Question 5

5. Roughly what is owing against the house today?

Question 6

6. Where would the money go?

Question 7

7. If a bank line of credit needed monthly payments, could your income carry them?

Question 8

8. How much weight do you put on passing the full value of the house to your children?

Question 9

9. Where do things stand with your property tax and home insurance?

Question 10

10. Does your family know you are looking into this?

About this check

What does the result of this reverse mortgage assessment mean?

It points to one of three things: a reverse mortgage is worth exploring, another option deserves a look alongside it, or something in your answers rules it out for now. Treat it as a first read, not advice on your situation.

Do my answers get saved?

No. They stay on your own device and are cleared when you leave this page.

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