Reverse Mortgage Options
Unlock financial freedom with tailored reverse mortgage solutions—explore your options today.
Call now at 778-745-4244
What is Your Best Option?
Before applying for a reverse mortgage, contact me today and find out:
Is a reverse mortgage right for you?
Is it the right time to consider a reverse mortgage?
Which reverse mortgage is right for you?
What is a Reverse Mortgage?
A reverse mortgage is a financial instrument that enables Canadian homeowners to access up to 59% of their home's value in the form of a home equity loan.
While most lenders work with individuals aged 55+, there are also options available for younger demographics.
Reverse Mortgage Benefits
No Monthly Payments
Under this arrangement, borrowers are not required to make monthly payments, and repayment is deferred until the home is sold, the borrower relocates, or passes away.
Flexible Use of Funds
Funds obtained through a reverse mortgage can be utilized for various purposes, and disbursement options include receiving the amount as a lump sum or in instalments.
Accessibility
Eligibility for a reverse mortgage is not contingent upon traditional income criteria, thus making it accessible to individuals with limited or no income sources.
Is a Reverse Mortgage Right for You?
Depending on your income and situation, a reverse mortgage may not always be the best option. As a mortgage broker, I represent borrowers, not lenders. My approach is centred on educating and empowering you to weigh the pros and cons of your lending options, ensuring you make the best choice for you and your family.
Interested but unsure if a reverse mortgage is the right choice?
About Me
Charlene Moore is a BC Licensed and dedicated mortgage broker specializing in reverse mortgages. She focuses on guiding clients through the complexities of these financial solutions, ensuring they understand the process and feel empowered to make informed decisions. With a passion for helping individuals and families unlock the value of their homes to achieve financial security in retirement, Charlene offers personalized guidance tailored to each client's unique needs.
Known for her hands-on approach and commitment to client satisfaction, Charlene is driven by a genuine desire to improve the lives of those she serves. She takes pride in educating her clients about their options and empowering them to take control of their financial future. Trusted and respected in her field, Charlene is an expert resource for anyone considering a reverse mortgage.
BRX Mortgage is licensed in ON, BC, AB, SK, NS, and NB. I work with Brokers in all BRX licensed provinces and can assist clients accordingly.
What My Clients Say
Charlene was key in facilitating the acquisition of my mortgage. Her responsiveness to my inquiries was both prompt and effective. I am thrilled with her service and would give her five stars.
P. Ribeiro
Charlene is professional, very friendly, and knowledgeable. She is both a pleasure to work with and efficient. I highly recommend reaching out to her to discuss your mortgage needs!
M. Ross
Charlene was amazing to work with. She is very professional and goes above and beyond to get things done for her clients. If you're looking for mortgage-related advice, I strongly suggest you contact her.
J. Nasser
Reverse Mortgage Lenders in Canada
Choosing the ideal reverse mortgage product in Canada can be daunting, given the many options available. Key factors such as interest rates, prepayment penalties, loan amounts, and lending areas vary widely and can have a significant impact on your financial future.
A reputable, federally regulated provider of flexible reverse mortgage solutions tailored to Canadian homeowners' needs.
Another reputable, federally regulated lender offering reverse mortgages to enhance financial flexibility for Canadian homeowners.
A provider specializing in innovative reverse mortgage solutions tailored to diverse financial needs and goals.
Recognized for competitive rates and customer-centric service, Fraction offers customizable home equity mortgages with no age limit.
It's crucial to explore offerings from reputable lenders to find the reverse mortgage that aligns with your unique circumstances and goals. As a mortgage broker, I collaborate with these lenders and more, always aiming to secure the best product for you, at no extra cost.
Don't navigate this journey alone—let me guide you!
Call now at 778-745-4244
How a Reverse Mortgage Can Help
Consolidate Debt, Boost Cash Flow
Pay off high-interest credit and increase your cash flow, all while having low to no income and without having touch your investments.
Decrease Your Monthly Payments
If you're struggling with new payments after refinancing, you may qualify for no monthly payments with the option for interest-only payments.
Purchase a New Property
With a reverse mortgage, you can downsize, right size, purchase a second property, or help a family member the down payment for their home purchase.
