Benson reverse mortgages
Your belongings as a Canadian can be divided into two basic categories. Your home equity, and the money locked away in your savings. Because the housing market continues to grow, the value of your home increases over the years, and amounts to a significant part of your net growth. However, the value of your home only becomes accessible to you when you sell it, and considering that you’re currently living there, that option is probably not on the table.
It’s in moments like these that Benson reverse mortgages come into play. Our team of mortgage specialists works around the clock to bring you the savings you need.
How Benson Mortgages Can Help You
With a reverse mortgage, you can turn your home equity directly into cash, and unlike with most mortgage-based financial products, you have no obligation to make any payments until you commit to moving from or selling your home. A reverse mortgage works by allowing you to take up to 55% of the value of your home, meaning that you have direct access to the cash you need, providing you with immediate financial security.
When you let Benson Mortgages handle your reverse mortgage, you’re placing your financial security in the hands of professionals.
We put you
At Benson Mortgages, we understand that buying a home is a life changing experience, and it never comes without hard work and years of saving. While many mortgages may make it seem as if your home is slipping away under your feet, with a Benson Mortgage reverse mortgage you’re always in control of your home. We will never force you to move from or sell your home, regardless of changes in home value and earning power. Also, because there are no payments, the amount that you’ll eventually have to repay will never go above the fair market value of your home at the time that you sell it.
Your home is just that; your home, and it should never be burdensome to deal with. So why risk something so important with companies that don’t value your input?
Your Money when you Need it
When you take on a Benson Reverse Mortgage, you get your money at the exact time that you need it. You can choose to get all your money at once in a lump sum, or instead break it up into split amounts. You can also choose to repay the principal and interest whenever is convenient for you, doing so either in full or by paying interest on an annual or monthly basis. We’re flexible so that you can spend your money how you need to, and not the other way around. At the end of the day, you earned the equity that accumulates on your home, and to take that away would be unfair to your integrity. With our reverse mortgages, you never have to provide information about your income or medical history, ensuring that these factors don’t interfere with your equity. We also work around the clock to bring your as much equity as possible, so that you can rest easy.
Our many years of experience in the industry have taught us how to bring you the best results, and we pride ourselves on doing so. So pick Benson Mortgages today, and help guarantee the value of your home.
About Benson Mortgage
At Benson Mortgages, you can expect the submission, process and funding your mortgage applications in Canada. You also get updated mortgage news Canada that helps to avail the fastest and the most efficient mortgage solution, currently available.