Mortgage

What You Can Do With A Reverse Mortgage

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The tax-free cash you can get from a reverse mortgage can be used for whatever you need it for. Whether it’s for eliminating debt, buying a vacation property, increasing your cash flow, or providing your family with an early inheritance – it’s up to you!

You can access up to 55% of the equity in your home and receive the money in a lump-sum payment, periodic installments, or a combination of the two. If you would like to learn more about how a reverse mortgage can be a tool in your financial plan, please contact me at:

Phone: (604) 949-2090 phone or (604) 505-6208 cell/text

Email: Patrick@spsealmortgage.com

Jan & Jack – A Success Story

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Jan & Jack live in a custom home they built many years ago. Although when they reached retirement they still had a mortgage and inadequate cash-flow to help them make ends meet.

After speaking with some friends, they discovered the CHIP Reverse Mortgage. With this financial tool they were able to access $287,000 of their home’s equity, which allowed them to pay off their existing mortgage and invest in solar panels that ended up providing them an extra $500/month.

Today, Jan & Jack have paid off their mortgage, have increased their monthly cash flow, and enjoy every day in their dream home. If you would like to learn more about the CHIP Reverse Mortgage, please contact me at:

Phone: (604) 949-2090 phone or (604) 505-6208 cell/text

Email: Patrick@spsealmortgage.com