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Richard Mewhinney

Richard Mewhinney is a Mortgage Broker with Homeguard Funding Ltd., recognized as a Certified Reverse Mortgage Specialist and has built a successful practice over the past 13 years. While Richard’s practice encompasses all aspects of residential mortgages, he particularly enjoys helping clients who are looking to understand how Reverse Mortgages can help them Remian in Place or more appropriately Downsize.



Richard was awarded the Entrepreneur of the Year by the East Gwillimbury Chamber of Commerce in 2020 for the way Richard runs his practice and giving back to the community. Richard is available to provide consultations on all available mortgage options providing personal service, no-pressure providing the guidance and answers to any questions you may have. 

A reverse mortgage can be a powerful financial tool for homeowners 55 and older, offering the freedom to access the equity in your home without the need to sell or move.

At Homeguard Funding Ltd., we provide clear guidance to help you understand how reverse mortgages work, what options are available, and how they can support your retirement goals. With our expertise, you can make informed decisions that give you flexibility, security, and peace of mind in your retirement years.

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Help kids in the purchase of there first home

First time buyers are having a challenge in the current market. Many parents and Grandparents have decided to gift money to the kids to help with the Down payment but, where does the money come from? RRSP or RRIF both have tax implications when you withdraw and cashing other investments incur tax and you lose growth. A Reverse Mortgage allows for access to equity tax free while preserving investments for growth and future requirements.

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Richard Mewhinney was a wonderful and knowledgeable person regarding Reverse Mortgages. He answered all my questions in a polite and comforting way. He explained everything so that I knew what I was doing and felt safe with his expertise.


He was there when I had follow-up questions and when the deal went through. While we were going through the process with the lenders, he explained everything they asked to me before I had to answer.



I would completely recommend him to anyone who needs a Reverse Mortgage and a good person on their side.

LL

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