Living with dependents

Children university bound? Aging parents? It’s a stressful, expensive time…Taking care of your dependents is crucial.

Whether you are helping pay for your children’s education, parent’s eldercare, or both – you have a lot on your mind, and likely less in your wallet.  If you are helping with your parent’s health care in addition to your family’s needs, it requires careful consideration and planning.

Your Premiere Mortgage Professional can help you determine the best way to finance these expenses.

We can help:

  • Review RESP savings and withdrawal options
  • Tap into your home equity
  • Review refinancing options
  • Maximize your cash flow

Questions to ask your mortgage agent:

Can I afford to help my children with university?
Can I access my child's RESP? How much can I withdraw?
Can I access the equity in my home to finance?
Can I help my parents with their growing health care needs?
What about a line of credit or a loan?

You may also be interested in:

How Does A Maternity Leave Affect The Mortgage Application?
How Long Does It Take For Mortgage Approval In Canada? 
10 Closing Costs When Buying a Home