Mortgage, Money Broker Canada

Unlock Your Home’s Equity with a Reverse Mortgage

For Canadian seniors who do not have a regular source of income, a reverse mortgage may be the ideal financial solution. This option allows you to access the equity in your home while continuing to live in it, offering financial flexibility and peace of mind.

Are You Eligible?

You may qualify for a reverse mortgage if:

  • You are a Canadian citizen or permanent resident aged 55 or older
  • Your primary residence is mortgage-free or has a significant amount of equity

Why Choose a Reverse Mortgage?

A reverse mortgage provides numerous benefits, including:

  • Tax-Free Cash: The funds you receive are not considered taxable income.
  • No Monthly Payments: You don’t need to make monthly repayments until you decide to sell your home or move out.
  • Preserve Government Benefits: Your Old Age Security (OAS) and Guaranteed Income Supplement (GIS) will not be affected.
  • Stay in Your Home: You will never be forced to sell or move out to repay your reverse mortgage, giving you long-term stability.

This financial tool is perfect for seniors who want to maintain their financial independence while keeping their family’s future secure. Whether you need the funds for daily expenses, home renovations, medical bills, or travel, a reverse mortgage can help you achieve your goals.

Why Choose Us?

It doesn’t matter if you are salaried, self-employed, or whether or not you have a stable income, our experienced mortgage experts will provide you with multiple options, tailored to help you meet your goal. Call us today at 905-305-8499 or 416-716-6468.

Act Now!

Don’t wait to secure your financial future. Click the “Apply Now >>” button to take the first step toward financial freedom with a reverse mortgage.

Mortgage interest rate

Today's Rate
Term
Posted Rate
Our Rate*
6 mo
6.59
3.99
1 Yr
7.84 5.54
2 Yr
7.34
5.29
3 Yr
6.99
4.19
4 Yr
6.79
4.49
5 Yr
6.84
4.09
7 Yr
7.10
4.79
10 Yr
7.25
5.54
Variable
 
5.05
Bank of Canada Prime Rate
 
5.45
Subject to change. Conditions may apply. Update: 2024/12/11 10:05:26 am