Reverse Mortgage For A Loan?

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budget Seniors on a budget

Before you decide on something as drastic as a reverse mortgage, check all your options! The government will help pay for work such as a new roof or windows or furnace.

Grants for Residential Property Owners

ecoENERGY Retrofit – Homes is available to owners of single family homes including detached, semi-detached and low rise multi-unit residential buildings. Property owners can qualify for federal grants by improving the energy efficiency of their homes, and reducing their home’s impact on the environment. The maximum grant one can receive per home or multi-unit residential building is $5,000; whereas the total grant amount available to one individual or entity for eligible properties over the life of the program is $500,000.

The Phone number to call is 1-800-387-2000.

Always check everything before signing any papers and get advice from someone you trust. This goes for any new financial interests. Follow your gut feeling on everything; if it seems too good to be true it probably is.

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One Response to “Reverse Mortgage For A Loan?”

  1. Linda Says:

    I didn’t know about this. I will tell my neighbour about it. Thanks for the information.

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