Mortgage Blogs

Stay up to date with the recent industry news and mortgage trends.

How to Turn Your Worry into Financial Empowerment for Your Children

"My Kids Will Never Afford to Move Out"—It’s time to do something about it

September 01, 20242 min read

Is the thought of your children struggling to afford rent or a home keeping you up at night? You're not alone. Many parents feel overwhelmed by the current housing market and its impact on their children's financial future. But there's hope.

Why the Doom and Gloom?

Skyrocketing home prices, rising interest rates, and stagnant wages paint a bleak picture for many young people aspiring to financial independence. However, instead of dwelling on the negative, let's explore a proactive solution: leveraging your home equity.

Turning Fear into a Financial Strategy

Your current home could be the key to unlocking your children's financial future. By tapping into the equity you've built, you can invest in real estate assets that can generate income and create a nest egg for your loved ones.

Imagine:

  • Subsidizing their rent: Easing the financial burden while they're in school or starting their careers.

  • Funding a down payment: Giving them a significant boost toward homeownership.

  • Supporting their dreams: Investing in their education or business ventures.

How Does It Work?

Leveraging your home equity can involve refinancing, taking out a home equity loan, or using a home equity line of credit (HELOC) to invest in a rental property, a second home, or even a multi-unit building. This strategy generates rental income and capitalizes on property appreciation, building wealth over time.

Your Mortgage Broker: How I can help

Navigating this process can be complex, but that's where I come in. As an experienced mortgage broker, I can help you understand the intricacies of leveraging your home equity, assess the potential risks and rewards, and develop a personalized plan that aligns with your goals and risk tolerance.

Together, we can turn your fears into a tangible plan for securing your children's financial future. Don't just worry about what the future holds - take action today and empower your children to thrive.

Let's connect:

📞 (403) 370-9020
🌐 jaydenbacks.ca
📩 [email protected]

How to Turn Your Worry into Financial Empowerment for Your Children
mortgagemortgagebrokerrealtorrealestatecalgarybroker
blog author image

Jayden Backs

Jayden Backs | Mortgage Broker in Calgary 🏦 ➥ Low Mortgage Rates YYC 🏦 ➥ First Home and Finance Tips 💸 ➥ Calgary Realtor Partner Program 🤝 ➥ Mortgage Tips For Realtors in Calgary ℹ️

Back to Blog

Trusted Guidance, Proven Success

Mike L. - Calgary

Working with Jayden to buy a rental property was seamless and stress-free. Their expertise and support were invaluable. Highly recommend for anyone looking to invest!

Kim W. - Calgary

I had a fantastic experience working with Jayden! As a first-time homebuyer, the guidance provided was clear and supportive, making the process smooth and stress-free. Highly recommended!

James C. - Calgary

When a friend suggested I work with Jayden to renew my mortgage, I was blown away by the experience. Their dedication to find me the best deal in the market was incredible. Thankful I didn't just stick with my bank.

Jayden Backs | Mortgage Broker

(403) 370-9020

Assistance Hours

Mon – Fri 9:00am – 8:00pm

Saturday/Sunday – CLOSED

Get In Touch With

(403) 370-9020

Assistance Hours

Mon – Fri 9:00am – 8:00pm

Saturday/Sunday – CLOSED

Contact Us

© 2025 Jayden Backs Mortgage Solutions - All Rights Reserved.

Jayden Backs, Mortgage Broker
BRX Mortgage Inc. RECA