If used efficiently, the strategic use of a reverse mortgage can improve the overall success rate of a retiree’s dreams and financial portfolio.

For this course, we have partnered with Gregory Stanley CFP, CSEC & Matthew Hines CRMS, CSEC. Both are financial authors, writers, and mortgage broker professionals who do more than fund mortgages; they fund life solutions.

Together, they have written the Canada Reverse Mortgage Guide.

Meet the Experts

Matthew Hines CRMS, CSEC (Ontario)

Licensed Mortgage Agent in Ontario
Founder of HomeEquityFreedom.ca
Certified Reverse Mortgage Specialist (CRMS)
Past founding member and speaker at ‘Seniors in Transition’ seminar series

Gregory Stanley CFP, CSEC (Alberta & British Columbia)

Licensed Mortgage Broker, Chartered Financial Planner (CFP)
Founder of CanadaReverseMortgage.com
Past director for Parents Who Care Society (Pro-Bono financial solutions)
Supporting member of 100 Brokers Who Care nonprofit

Both provide full-scope mortgage brokerage solutions, ensuring alternative options if reverse mortgages are not suitable.

What Will Financial Advisors Learn?

Financial advisors must ensure clients’ financial security during retirement. Reverse mortgages are a viable tool for homeowners aged 55+.

Why Now?

Reverse mortgages have evolved, prompting the financial community to take notice. Benefits include:

Preserving wealth and inheritance
Maintaining lifestyle with steady cash flow
Debt management and loan repayment
Supporting family with home down payments or renovations
Securing Long-Term Care insurance

Reverse Mortgage: A Strategic Tool

Reverse mortgages allow homeowners to tap into home equity via:

Lump sum
Monthly payments
Line of credit

Reverse mortgages are not a one-size-fits-all solution but offer significant benefits in holistic retirement strategies, including:

Supplementing income
Managing healthcare and debt
Funding home improvements
Estate planning

Summary

Reverse mortgages are a powerful retirement planning tool. Homeowners can unlock home equity for financial security with expert guidance.

Disclaimer

Due diligence is essential. Clients should review all pros and cons before leveraging home equity. Reverse mortgages are not for everyone.

Partner with professionals when offering solutions outside your expertise.

Course Overview

This course covers:

Intro - Quick Overview
Rule of 72 Explained
Popularity of Reverse Mortgages in Canada
Benefits of Being Mortgage Payment Free
Who is Best Suited for a Reverse Mortgage?
Differences Between HELOC and Reverse Mortgages
Lifetime & Term-Only Guaranteed Reverse Mortgages
Qualifying & Repayment Terms
How to Improve Monthly Cash Flow
Home Equity Tax-Free Annuities
Reverse Mortgage Success Stories
And More…