Our investments suffered because of COVID-19. Now we’re worried about our financial ability to live our retirement years the way we want. We’d like to know what options we have to live independently in the home we love.

Our investments suffered because of COVID-19. Now we’re worried about our financial ability to live our retirement years the way we want. We’d like to know what options we have to live independently in the home we love.

The uncertainty created by the COVID-19 pandemic has led many Canadian seniors to consider what options they have to access the equity in their homes.

Whether you want to supplement your retirement, renovate your home, or help out the kids – accessing equity from your property could give you the financial flexibility you want.

You could relieve your financial concerns now and for the duration of your retirement years, with a reverse mortgage or a home equity loan. These options would allow you to access a portion of your home’s equity. Depending on your circumstances and cash flow needs, you could make monthly repayments, or pay nothing while you still live in the home.

Whether you need to access money right away or bolster your economic stability for the future, there are ways for you to reach and maintain your specific goals – and NDLC can help.