At Citadel Mortgages - We understand that financial flexibility is crucial, especially during retirement. Our reverse mortgage service offers a tax-free cash solution that can be used to meet a variety of needs and aspirations. Whether you're looking to eliminate debt, buy a vacation home, increase your cash flow, or provide your family with an early inheritance, a reverse mortgage can be a versatile tool in your financial planning.
**How It Works:** A reverse mortgage allows you to access up to 55% of the equity in your home, turning it into cash without the obligation to make monthly mortgage payments. You can choose to receive this money in one lump sum payment, periodic installments, or a combination of both, depending on your personal needs and financial goals.
**Contact for Inquiries:** For a deeper understanding of how a reverse mortgage can fit into your financial plan, please reach out to us at Citadel Mortgages, as we are experts in reverse mortgage solutions. Our extensive knowledge and personalized approach ensure that you get the most suitable and beneficial financial solution.
**Who is it for?** This service is specifically designed for senior homeowners who wish to enhance their financial freedom during retirement. It’s ideal for those who have significant equity in their homes and are looking to leverage this asset to improve their quality of life.
**Benefits:** - Tax-free cash with no monthly mortgage payments - Flexible disbursement options to suit your lifestyle - Retain ownership and live in your home - A strategic way to supplement retirement income - Opportunity to fulfill immediate or long-term financial goals
**Get in Touch:** To learn more about reverse mortgages and to discuss your individual needs, contact us at Citadel Mortgages. We are here to provide you with the information and guidance you need to make informed decisions about your financial future.
Enhance your retirement with financial solutions that work for you. At Citadel Mortgages - we’re committed to helping you achieve the retirement you deserve.
Citadel Mortgages is licensed in the following: Ontario FSRA 12993 – Saskatchewan FCAA 509446, Nova Scotia 2021-3000010 – Alberta, PEI, Nunavut, Newfoundland 21-07-CI083-1. New Brunswick 210031130, British Columbia X301267, Quebec AMF – 3003071684