Emir and Carmela, aged 76 and 74, proud homeowners in South Surrey, faced mobility challenges threatening their cherished $970,000 home. Struggling with a $58,000 line of credit and $620 monthly payments, they couldn’t afford essential $95,000 renovations. A Reverse Mortgage offered a solution. They cleared their line of credit, accessing up to $407,500 tax-free cash. They used part for renovations, leaving $254,500 for future needs. With no monthly payments and interest applied only to what they used, they regained financial freedom. The Reverse Mortgage ensured they could comfortably stay in their beloved home, relieved of financial burdens.
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