Get Reverse Mortgage

Do You Qualify for a Canadian Reverse Mortgage?

Most Canadian homeowners aged 55 and older qualify. Here are the four baseline requirements. Age 55 or Older Every homeowner on the property title must be at least 55 years old. The older you are, the more equity you can typically access — up to approximately 59% of your home's appraised value. Sufficient Home Equity You need meaningful equity in your home.

What a Reverse Mortgage Actually Does for You?

Zero Monthly Mortgage Payments A reverse mortgage instantly eliminates monthly payments, improving cash flow until you sell or move. This transforms financially strained retirements into comfortable ones. Keep Your Home and Control With a reverse mortgage, you retain full homeownership and stay on title. The lender only registers a security charge, while you continue to own your property.

How Canadians Are Using Their Home Equity?

REliminate an Existing Mortgage or HELOCChoose how your money arrives: a lump sum, scheduled advances to supplement income, or a combination of both. This payout structure can be adjusted over time as your needs change. RCover Healthcare and In-Home Care CostsWith Canadian in-home care costing $25 to $90 hourly, a reverse mortgage unlocks your equity to fund this care without forcing you to sell your home.

Why Get a Reverse Mortgage?

Do I keep ownership of my home with a reverse mortgage?Yes. You remain on the property title for the life of the reverse mortgage. The lender registers a mortgage charge as security — the same legal mechanism used with any mortgage — but has no ownership interest in your home. You may sell, renovate, or leave the home to your estate exactly as you could before.