Are Reverse Mortgages Worth It?

In this video we cover details about reverse mortgages in Canada and discuss if they are worth it. We have several other videos that talk about Reverse Mortgages in Canada: https://youtu.be/tt4KiutV4RM https://youtu.be/NpW9POhyiuE A reverse mortgage is available to Canadians who are 55 years or age or older. The amount of money that is available to you is based on your age and the value of your home. The older you are the more equity you can access in your home. There is no credit requirements to qualify for a reverse mortgage and in this video we discuss who takes out reverse mortgages and why they are choosing a reverse mortgage. If you have any questions, please comment below or connect with me directly at my website: https://MyMortgageBroker.com/About-Us I wrote a couple of articles that review Reverse Mortgages in detail. To read these, follow these links: https://mymortgagebroker.com/who-qualifies-for-a-reverse-mortgage/ https://mymortgagebroker.com/what-are-the-pros-and-cons-of-a-reverse-mortgage/