Reverse Mortgage vs. HELOC: Which Is Better For You?

Tapping into your home equity can reshape your finances, but what’s the smartest approach for you? 💰🔑

This week, Duncan and Sasha break down the differences between Reverse Mortgages and HELOCs — two popular tools for unlocking the equity in your home.

☑️ How reverse mortgages and HELOCs actually work

☑️ Who qualifies, how much you can borrow, and what repayment looks like for each

☑️ Real-world scenarios for when each option makes the most sense

Whether you’re planning for retirement, a major renovation, or simply want to understand your options, this episode is your guide to home equity solutions!🏠💰

 

Brought to you by Mortgage Powered Financial Group, Home of Mortgage Suite. For personalized mortgage solutions, visit https://mortgagesuite.ca or call 519-419-3825.

 

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Contact Us:

Duncan Wilson (Mortgage Broker)

📩 Email: dwilson@mortgagesuite.ca

📲 Phone: 519-982-2505

Sasha Syed (Mortgage Broker)

📩 Email: ssyed@mortgagesuite.ca

📲 Phone: 519-919-1069

 

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