Designed specifically for homeowners aged 55 and older, you can convert a portion of your home's equity into tax-free cash without the need to sell your property.
Unlock the equity in your home and enjoy financial flexibility with our Reverse Mortgage services. Designed specifically for homeowners aged 55 and older, a Reverse Mortgage allows you to convert a portion of your home's equity into tax-free cash without the need to sell your property. Whether you're looking to supplement retirement income, cover unexpected expenses, or enhance your quality of life, we are here to guide you through the process with expertise and care.
Our access to a wide network of reputable lenders, ensures competitive rates and flexible terms tailored to your unique circumstances. Our dedicated team will work closely with you to assess your financial goals and develop a personalized solution that meets your needs. From providing detailed explanations of the process to offering ongoing support and guidance, we're committed to ensuring a seamless and rewarding experience every step of the way.
Experience the peace of mind and financial freedom that comes with a Reverse Mortgage from Dream Key Mortgage.
Contact us today to learn more and take the first step towards unlocking the potential of your home equity.
This call is designed to get to know the client better. We request the appropriate documents required to obtain an approval with a lender and we ask preliminary questions to better understand the client’s goals & financial situation.
Completion of a quick and easy online mortgage application followed by uploading all of the required documents requested by the Mortgage Agent. This will allow us to determine the best mortgage solution for you along with providing an estimated pre-qualified mortgage amount.
Once your application is submitted & reviewed, the lender will issue a conditional approval. This means there are still certain specific conditions that need to be satisfied before a final approval is issued. Examples of these conditions may be; income clarification, rental income confirmation, appraisal/fair market rent analysis, and many more. At this time you will also sign, complete and go through all of the fine details of the mortgage commitment with your Mortgage Agent.
After satisfying all conditions, the lender will issue the final approval and send your real estate lawyer the solicitor instructions for finalizing your mortgage on closing day.
The final step involves signing the closing documents with your real estate lawyer. Your real estate lawyer will review all solicitor documentation, conduct a title search, register for title insurance, handle the transfer of property ownership, as well as, collecting/disbursing the funds for downpayment plus closing costs.