Senior couple holding hands infront of home

Reverse Your Mortgage, Today

With a reverse mortgage, you can start drawing an income from the equity in your home so you can continue to stay where you are and live comfortably.

Simple and Easy Steps

Call Us

We are Reverse Mortgage Experts

Qualify

No Obligation or Commitment

Get Paid

Monthly Payments or Lump Sum

Stay Home

Stay Living in the Home You Love

Canadian Currency

Canadian Reverse Mortgages

In Canada, a reverse mortgage is a low interest loan that uses your home’s equity as collateral. Supplementing your income using this sort of equity takeout is tax-free with no mandatory repayments. Plus, it is only available to seniors.

Free Info Kit

Everything You Need to Know About Reverse Mortgages

What is a Reverse Mortgage?

Reverse Mortgage Definition

Simply put, a reverse mortgage is a home loan.

In Canada, a homeowner who is 55 or older and has equity built up in their home can borrow up to 55%* of the property’s appraised value and receive funds as a lump sum, fixed monthly payment or line of credit. Unlike a traditional mortgage, a reverse mortgage doesn’t require the homeowner to pay back the home loan until the sale of the house or until the passing of the homeowner(s).

Homeowners can use the payments they receive for whatever they want. Some use the equity takeout for investments, going on vacations, paying medical expenses or remodelling their home.

Get Money

Apply for a Canadian Reverse Mortgage to receive tax-free money! You can receive cash in one or more lump sums, or on a regular schedule of your choice, just like a pension.

Stay in Your Home

You still own your home. The reverse mortgage is secured against your home’s equity, and we guarantee that you will never owe more than your home is worth.

No Payments

In Canada, a reverse mortgage requires no payments! You will receive money, and as long as you live in your home, you will not need to make any payments.

Live Freely

Use the proceeds of your Canadian reverse mortgage for anything you like! The money is yours, and you are free to use it to live on your terms.

*Fine Print

With reverse mortgages, a homeowner’s age determines how much money a homeowner can borrow. For more information, talk to one of our reverse mortgage professionals or learn how age determines the amount homeowners can borrow.

Involve the Family

Getting a reverse mortgage is a big step. If you have kids or some family members that you would like us to talk to, just let us know.

Teleconference

Let’s get on a 3-way phone call.

Zoom
Skype
Couple in a house using a small notebook
Senior couple enjoying retirement

Do the things you love.

In Canada, a reverse mortgage is a safe way to fund your lifestyle and retirement goals.

Plus, use the funds for whatever you want.

Our Preferred Mortgage Lenders

In Canada, a reverse mortgage is a low-interest loan that uses your home’s equity as collateral. Supplementing your income using this sort of equity takeout is tax-free with no mandatory repayments. Plus, it is only available to seniors.

HomeEquity Bank
Equitable Bank

Get in touch
and let us help!