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Reverse Mortgages vs. Home Equity Lines of Credit

Posted on December 15, 2011 by Tom Bushey

Posted in: Calgary Real Estate , Mortgages

Which is better: A home equity line of credit or reverse mortgage? Let’s compare and see what’s best for you.

If you want to access the equity in your home without selling your house, most people think of a "home equity line of credit" first. But, if you’re over 55 and own your own home, there may be a better option: a reverse mortgage.

Which is better: a home equity line of credit or reverse mortgage? Let’s compare and see...

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Tom Bushey, Associate Broker & Realtor®

Accredited Seller and Buyer Representative & Condo Specialist

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THOMAS BUSHEY | RE/MAX iREALTY INNOVATIONS

1301 8 Street SW, Suite 100, Calgary, AB, T2R 1B7 Direct: 403-860-8291 | Tom@TomBushey.ca

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