Reverse Mortgages

If you are homeowner in Canada over 55 and want to:

  • Pay off existing debt
  • Stay in your own home or purchase a new one
  • Preserve your current assets
  • Enhance your lifestyle
  • Help your children or grandchildren financially
Click here to watch an intro to Reverse Mortgages







… releasing the equity in your home through a CHIP or Income Advantage loan, commonly referred to as a reverse mortgage, may be the perfect financial decision for you.  

Recent changes have made reverse mortgages more flexible and inexpensive than you may think.  Rates as low as 3.49%.

Reverse mortgages allow you to:

  • To stay in your own home without downsizing - home ownerhip always remains with you, not the lender.
  • Continue to benefit from your home appreciation

  • Avoid moving which is a major and time-consuming undertaking

  • Use funds to renovate or retrofit property, and manage the upkeep

  • Reduce dependency on RRIF withdrawals, while maintaining or increasing monthly income and reducing taxable income

  • Invest or pay off existing debts in a simple, sensible and tax-friendly way

  • Create new tax-efficient sources of income and maybe even reduce your income tax

  • Catch up on unused RRSP contribution room and gain valuable tax deductions that can be used now and in the future to build future retirement income without increasing monthly expenses  
  • Help your children or grandchildren with their education, or other expenes and give you peace of mind
You can even use a reverse mortgage to purchase a home, provided that this home will be your principal residence.  
And, unlike a conventional mortgage or line of credit, you are guaranteed never to owe more than the value of your home, even in a falling real estate market.

Have a question? Feel free to email us at  

We are Certified Reverse Mortgage Specialists and government licenced mortgage brokers specialized in seniors mortgage lending.  We assist clients across Canada from Vancouver to Victoria, Calgary, Edmonton, Saskatoon, Regina, Winnipeg, Hamilton, Kitchener, Toronto, Ottawa, Montreal, Quebec City, Fredericton, Halifax, Charlottetown and St. John's and every town, and rural area in between.