• Robert Floris CFP, AMP
    Lead Mortgage Agent
    M08004919
    905-966-1453

  • Learn The TRUTH About CHIP Reverse Mortgages In Canada

    From A Former Bank Sales Manager And Licensed Mortgage Agent

  • Thinking About Getting A CHIP Reverse Mortgage?

    This FREE guidebook is a MUST READ for anyone thinking about a reverse mortgage.

    Download It Today!

  • Are You Curious How Much You Could Qualify For?

    Fill out this very short online questionnaire to find out immediately with no obligation.

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  • We Urge You To Please Check Your Alternatives BEFORE Calling CHIP

    Please Protect Yourself And Your Family With This Quick Read First

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  • Don't Know Who To Trust Or Listen To?

    We have thousands of loyal clients. Please see what some of them are saying.

    Read Our Reviews

  • What Is Living With Dignity?

    Options: to stay in your home.
    Independence: to use your assets.
    Freedom: for travel/purchases.
    Security: no worries about money.
    Giving: to your family/community.

    Find Out How

  • Have you been thinking about a reverse mortgage?

     

    Worried that it might be a scam?

     

    Worried about losing your home?

     

    Worried about spending your children's inheritance?

     

  • Well, YOU ARE NOT ALONE

  •  

    This free guidebook will dispel the myths surrounding CHIP reverse mortgages.

     

    It will explore alternatives, advantages and disadvantages.

     

    This FREE guidebook is a MUST READ for anyone thinking about getting a reverse mortgage.

     

  • You Will Not Find This Information Anywhere Else

    Learn the truth about reverse mortgages.

    Download It Here

  • What is the Purpose of a Reverse Mortgage?

    What is the Purpose of a Reverse Mortgage? To ask "What is the Purpose of a Reverse Mortgage" is like asking "what is the purpose of a loan"? The reason: a mortgage is just a type of loan. And a reverse mortgage is just a type of mortgage. Why do we[...]

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    Reverse Mortgage Experts: I Was Wrong!

    Reverse Mortgage Experts I did something I thought I would never do. It is safe to say that I had strong feelings regarding this product. Unfortunately, the thoughts were very negative. At Reverse Mortgage Experts in Hamilton, Ontario, we readily[...]

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    Pensioners and Money: Serious Long Discussions Are Often Needed

    Pensioners and Money: Serious Long Discussions Are Often Needed My parents arrived in Canada with a suitcase, $100 and a dream. They had survived the depression but due to those tough times, their norms were set for the rest of their lives. They [...]

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    CHIP Reverse Mortgage For Disabled Son

    CHIP Reverse Mortgage: How We Helped This Pensioner And Her Son (And It Feels Great) Mrs. Amanda Smith (not her real name) came to see me with a problem. She was 83 and she lived with her son who had a disability and was receiving only approximately[...]

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    Reverse Mortgages Can Help During Your Golden Years

    Reverse Mortgages Can Help My passionate Italian mother loved her home and fought fiercely to remain in the dwelling my parents worked so hard to achieve. Unfortunately, due to diabetes and osteoporosis, she was forced to move to a long term care [...]

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  • Reverse Mortgage In Hamilton

    Getting a Reverse Mortgage In Hamilton can be a daunting task. The reason is that the internet and commercials are inundated with advertising for Reverse Mortgage in Hamilton and elsewhere. It is very difficult to know who to trust.

    Trust When Arranging a Reverse Mortgage In Hamilton

    It is difficult to build trust on the internet. That is why we like to meet with people and speak on the phone. We even have a box full of thank you cards in the office. The next best thing for us are our Google reviews. These speak volumes for us when building trust with our new clients online.

    CHIP Reverse Mortgage

    CHIP is actually not the only reverse mortgage lender in Canada. There is one other but CHIP is the most prominent name. When considering a Reverse Mortgage In Hamilton, the key is to speak with an unbiased, honest consultant. Calling CHIP directly would be like going to a Chrysler dealership to ask their opinion on which car manufacturer is the best. They will sell you on their product only. This is why it is useful to speak with a mortgage broker who will give you unbiased advice when considering a mortgage or a reverse mortgage. A mortgage broker is not loyal to one particular product or brand.

    Purpose Of A Reverse Mortgage

    A Reverse Mortgage In Hamilton should not be considered as a first option. A reverse mortgage is a very niche product that should only be considered under very specific circumstances.

    1. Insufficient cash flow in retirement years
    2. Mortgage-free or lots of equity in the home
    3. Over 55 years of age

    The purpose of a reverse mortgage is to release equity from the home. There are other ways of doing that but they all require the borrower to make regular payments:

    • Conventional mortgage
    • Home equity line of credit

    The main advantages of a Reverse Mortgage In Hamilton is that it allows the retiree with limited income to access the equity in their home and remain living in it.

    Robert Floris is a Mortgage Broker. His office is located at 651 Fennell Avenue East in Hamilton, Ontario. If you would like to speak with Robert, he can be reached at 905-574-9200 #215.

    Please click here to email us,  make an appointment, receive an online assessment.

    If you would like to see our Google reviews or leave one yourself, you can do so here.

    Thanks for reading!