2 minute read

Other life

TELL US ABOUT YOUR OTHER LIFE Email mortgagebrokernews@kmimedia.ca

One of the benefits Hansen has introduced for employees is a team workout via Zoom every Saturday morning

70+

Number of employees Xeva provided with workout equipment

50%+

Participants still fully engaged in the fitness program after seven months

28 lbs.

Largest amount of weight lost by a Xeva employee this year

SOURCE OF STRENGTH

Xeva Mortgage CEO Trevor Hansen has seen the benefits of staying in shape during the pandemic – and now he’s working to share his healthy habits with his company

TREVOR HANSEN, CEO of VERICO Xeva Mortgage, attributes his mental fortitude during the pandemic to an established tradition of working out.

“I noticed I was not having the same struggles as many of my friends, family and colleagues were [during the pandemic],” Hansen says. “I realized that working out, eating healthy and limiting my alcohol consumption was a major contributing factor to not seeing the same effects.”

Hoping his employees would realize the same benefits, Hansen instituted a health and wellness program at Xeva. “Although it was a big endeavour to take on, personally and financially, we truly felt it would immediately have a positive and lasting effect now and for years to come,” Hansen says. “It has undeniably brought our team closer and created a safe place for many to reach out for support and encouragement.”

The program has also yielded a crucial lesson for Xeva employees – and for Hansen himself.

“What I have learned most through this pursuit is that we all put limitations on ourselves and that age is just a number,” he says. “My wife, Luisa, and I started this fitness journey approximately two years ago. I had just turned 50 and I wanted a new challenge, so I decided I would get in the best shape of my life. Thankfully, she decided to join me in the journey, and we recognized early on that we were experiencing so many positive and impactful changes in our lives. Our relationship with each other and our kids became better. Professionally, despite COVID-19, we each had the best year we’ve ever had. We had more energy, and we inspired many of our friends and family to start fitness programs of their own.”

It’s that easy with the all-new

Equitable Bank Reverse Mortgage Flex PLUS

As Canada’s Challenger Bank™, we’ve been innovating Canadian banking for over 50 years. Today, we bring the same approach to our reverse mortgage solutions, like our all-new Reverse Mortgage Flex PLUS:

Equitable Bank Reverse Mortgage Flex PLUS Max LTV: 59%

With its wider LTV spectrum and flexible advance options, see how our latest reverse mortgage solution can help*:

Your clients

• Retired couple collecting CPP/OAS • Age: 70 and 71 • Own detached house in Toronto, ON: $1.2M • Debt: $300,000 forward mortgage and $150,000 HELOC • Want to mitigate monthly debt payments, improve cash flow, and have nest egg for future home repairs

Our solution

• Reverse Mortgage Flex PLUS: 5 Year Fixed @ 5.69%** • LTV: 45% = $540,000 • Result: Clients paid off $450,000 debt, with remaining $90,000 for future home improvements • Broker commission: $6,480 (200 bps on advanced principal)

Get ready to boost your reverse mortgage business. Your addressable market just got bigger and easier to serve—and you’ve never had better options to offer.

Talk to your Regional Sales Manager today.

Call 1-800-825-0573 (AB, BC) • 1-800-897-6564 (ON, QC) Email reversemortgage@eqbank.ca Visit equitablebank.ca/reversemortgage

This article is from: