Welbanks Mortgage Group — Free appraisal on funded mortgages for CASL members.

A Toronto mortgage broker with a seniors focus: mortgages, home equity lines of credit and reverse mortgages

Welbanks Mortgage Group is a Toronto mortgage brokerage at 11-1860 Queen Street East, in business for 22 years, with a seniors focus. In their own words, they are Certified Reverse Mortgage Specialists with close to 30 years of experience working with seniors and their financing needs: mortgages, home equity lines of credit and reverse mortgages. Their site says the principal broker began mortgage lending in Toronto in 1995, after graduating from the University of Toronto with a Bachelor of Business Administration in finance.

Their Older Canadians page is written for homeowners over 55 with equity in their home, and sets out three options: standard mortgage financing, a home equity line of credit, or a reverse mortgage. Their site says a conversation carries no pressure or obligation to move forward. The brokerage also handles purchases, refinances and renewals, self employed borrowers, private lending and debt consolidation.

CASL itself does not give financial advice, so it is wise to get independent advice before deciding on any mortgage or reverse mortgage. A call can be booked through their site, or by email at lee@welbanks.com.

• Toronto
• East Toronto
• the GTA

The office is at 11-1860 Queen Street East in Toronto, and they serve clients across the Greater Toronto Area. A call can be booked through their site.

Email

lee@welbanks.com

Website

welbanks.com

Credentials

Welbanks Mortgage Group Inc., operating as Welbanks Mortgage Group, is a mortgage brokerage licensed by the Financial Services Regulatory Authority of Ontario (brokerage licence 12232), and its principal broker holds FSRA licence M08004256 (class Principal Broker). Their site says the principal broker holds the Certified Reverse Mortgage Specialist designation and is a member of Mortgage Professionals Canada.

1. Join CASL free through this business. It takes about a minute, with no payment and no card.
2. Contact Welbanks Mortgage Group directly and mention that you are a CASL member.
3. That is it. The offer is honoured by Welbanks Mortgage Group — CASL never takes a cut, and you are never obliged to go ahead.