First Foundation Residential Mortgages, and brokerage owner Gordon McCallum, recently named by CMP magazine as one of the Top Brokers in Canada, is pleased to announce a new division dedicated to reverse mortgages, Horizon Equity.
A Reverse Mortgage through Horizon Equity, backed by the Canadian Home Income Plan (CHIP), offers Canadians that are sixty and over the ability to access up to 40% of the equity in their home tax-free. The equity can be used to invest, eliminate other debts, and generally enjoy a higher quality of life.
“We’re thrilled to be bringing more flexible mortgage options to Canadian Seniors with the introduction of Horizon Equity,” said Gordon McCallum, President of First Foundation.
Read the full news release on Horizon Equity’s launch.