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Reverse Mortgage 

A reverse mortgage is a loan secured against the equity in your primary residence. Unlike a traditional mortgage, no payments are required until the property is sold or is no longer your primary residence.
 

For many Canadians, a reverse mortgage is becoming an essential part of retirement planning, providing access to home equity without the need for monthly payments.

faq's 

STEP 1: Pre-Approval 

What happens after I submit an mortgage application?

Within 24 hours, we’ll contact you to begin the process. To avoid delays, please ensure the application is fully completed. 

 

What if I don’t qualify for a mortgage right now?

Then we make a plan. Buying a home is likely the biggest financial decision you’ll make, and it’s completely normal to need some time to prepare. 

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Is my application information secure?

Yes, all of your data is encrypted and securely stored on Canadian servers at TMG. 100% paperless office. TMG’s privacy policy [here]. Your privacy is extremely important to us.

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Will I receive a written pre-approval?

Yes! You’ll receive an email with a detailed package outlining everything you need to know at this stage, along with what to expect throughout the mortgage process. We ensure you stay informed every step of the way. 

Buying a House
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  Information can change without notice.
Alberta Mortgage Services

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