Most programs are for 55 years and older
You can use it to purchase a home or pull out equity from an existing home
You don’t need to make Mortgage payments, so your qualification chances are increased!
You will continue to own your home
You will not reach a point where you owe more than your home’s fair market value
Funds can be used to for:
– Income supplementation
– Gifted down payment for children buying a home
– Renovations
– Debt consolidation
– Personal use
For questions, feel free to reach out
647 901-7948
info@modomortgages.ca
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