Reverse Mortgage

The Dominion lending center is one of the largest national mortgage and leasing companies, which is located in Canada. This company has got over 2600 experienced and professional members who offer the best free expert advices to a wide range of clients all over Canada. They make sure to help the clients by taking away the hassles that the mortgage process can offer and make sure that the clients get the best benefits out of the services that are offered by this company. This company has got years of experience in providing the best services to the clients and the clients who took services from this company are highly satisfied with the excellent quality services that they got and the benefits out of it as well. This is number 1 reverse mortgage company that one can get services from.

This company has got access to over 230 lending institutions and these institutions include credit unions, trust companies and big banks. The highly experienced teams of the mortgage professionals are familiar with a wide range of mortgage products and these can range from the program for first time home buyers to financing for the ones who are self employed and ones with credit blemishes. This company ensures that the clients are able to get the best benefits and they will make sure that the clients get the best rates and the products which will benefit the clients and which are available in the market.

1 Reverse Mortgage Company

This Company Has Got A Variety Of Products For The Needs And The Requirements Of The Wide Range Of Clients, Starting From:

purchasing a new home for the first time, renewing the previous mortgage, refinancing of the mortgage in order to free some equity and purchase investment of the properties or to lease a variety of business equipments etc.

The professional mortgage experts of this company are not only experienced, but they are also the best ranked nationally amongst others. This company was first launched back in 2006 and they were named as the Best newcomer (Mortgage brokerage firm) in 2008 at the prestigious CMP Canadian Mortgage awards.

Since the starting of this company, this company ensured that they offer the best services to the clients, according to their needs and requirements and this is one reason why this company has become of the most trusted and valued company with a wide range of customers in a short period of time. This company also won the best branding award at the CMA 2009 and 2010 and they also got an additional award of Mortgage brokerage of the year and best advertising. In 2011, this company won the best advertising and in 2012 they won National broker network of the year, best advertising and also the best branding award in a row.

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This company is also ranked 32 in the 200 ranking of the Canada’s fastest growing companies by the 2012 annual PROFIT magazine. It also won other prestigious awards and accolades as a mortgage company. One can check out more about this 5 star reverse Mortgage Company. The mortgage professionals of this company are available at any time and at anywhere, during evenings and weekends for the clients and they can also visit the client.

Reverse mortgage has got various advantages and this loan is aimed towards the Canadian seniors who are aged over 55 years old. Many people are still confused about the facts of this mortgage loan and don’t know a reverse mortgage definition and how it can help one. This is why many are still not sure of opting for this mortgage loan.

1 Reverse Mortgage Reviews

There are some requirements that the clients will need to meet to get the reverse mortgage; otherwise they will not qualify for this loan. Clients have got various options when it comes to reverse mortgage and they can either opt for making monthly interest payment with also pay up around 10% of the amount which is to be borrowed and there is only 1 payment in one year or one can also choose not to make any payment until the property is sold off. Although one can qualify for 55% of the value of the property, not all will be able to get the full 55% and this will differ from one person to another.

There are four factors considered and these are: the age of the applicants, the property value, and the location of the property and the type of the property. Another thing one will need to consider is that the couple, both husband and wife will need to be over 55 years old to qualify for this particular loan. One can check the 5 advantages of reverse mortgage and the 7 secrets of reverse mortgages. This mortgage process is not as difficult as the traditional mortgage process and it is easy to complete. Even if the person gets this loan, they will still have the ownership of the home. There are 3 types of reverse mortgage. One should check out a reverse mortgage calculator.