This reverse mortgage lender’s new product provides more cash — but it comes at a cost

Financial Post ·

Robert McLister: For house-rich, cash-flow-poor early retirees, new Home Equity Bank product fills a niche. But be aware that a portion of the interest compounds in the background

Canada’s biggest reverse mortgage lender is betting that for a growing number of near-retirees , traditional borrowing limits just don’t cut it. Read More

Источник: Financial Post