Unlock Your Home Equity —
Tax-Free, No Monthly Payments
A reverse mortgage lets you access 15%–55% of your home's value as tax-free cash while you continue living in your home. The amount depends on your age; older borrowers qualify for more. No monthly payments required.
Licensed under FSRA #10874 | No obligation assessment | Subject to OAC
Why Choose a Reverse Mortgage?
Designed for Canadians 55+, reverse mortgages provide financial freedom without giving up your home.
Tax-Free Cash
Receive funds as a lump sum or regular payments — completely tax-free.
Stay in Your Home
Continue living in your home with no obligation to move. Ever.
No Monthly Payments
Unlike a traditional mortgage, there are no monthly payments required.
Maintain Ownership
You retain full ownership and title of your home.
Negative Equity Protection
You'll never owe more than the fair market value of your home.
Use Funds Freely
Home renovations, healthcare, travel, gifting, debt consolidation — your choice.
Is a Reverse Mortgage Right for You?
If any of these apply, a reverse mortgage could be a great fit.
How It Works — 3 Simple Steps
Free Assessment
We evaluate your home equity and determine how much you can access (15%–55% of home value, depending on age).
Simple Application
Minimal documentation — no income qualification required. We handle all the paperwork.
Receive Your Funds
Get your tax-free funds as a lump sum, scheduled advances, or a combination.
5-Star Rated
Google Reviews
500+ Families Served
Proudly helping Ontario homeowners
5-Day Funding
Fast approval process
Saminder Juneja
Mortgage Broker • FSRA #10874
Client Success Stories
Real results from real clients
"The reverse mortgage eliminated our $1,200/month mortgage payment and gave us $85,000 extra. Best decision for our retirement."
Reverse Mortgage FAQs
What is a reverse mortgage?
A reverse mortgage lets homeowners 55+ access 15%–55% of their home's equity as tax-free cash, with no monthly payments. The exact percentage depends on your age—the older you are, the more you can access. The loan is repaid when you sell the home or move out.
Do I still own my home with a reverse mortgage?
Yes, absolutely. You retain full ownership and title. You continue living in your home as long as you wish.
How much can I get from a reverse mortgage?
You can access 15%–55% of your home's appraised value depending on your age. Older borrowers qualify for higher LTVs; a 55-year-old may access roughly 15%–25%, while borrowers 75+ can approach the 55% maximum. The exact amount also depends on home value, location, and property type.
Are reverse mortgage proceeds taxable?
No. Reverse mortgage funds are considered a loan, not income, so they are completely tax-free and don't affect OAS or GIS benefits.
What happens when I pass away?
Your estate repays the loan, usually by selling the home. Your heirs receive any remaining equity after the loan is repaid. Negative equity protection ensures they won't owe more than the home's value.
Can I get a reverse mortgage if I already have a mortgage?
Yes. The reverse mortgage pays off your existing mortgage first, then you receive the remaining equity. This eliminates your monthly mortgage payment.
Related Services for Seniors
Access Your Home Equity — Tax Free
Join thousands of Ontario seniors who've unlocked financial freedom with a reverse mortgage.
Reverse Mortgages for Seniors 55+ by City
Tax-free home equity with no monthly payments for Ontario homeowners aged 55 and over. Choose your city to see local home values, age-based loan-to-value limits and lender options beyond CHIP.
- Reverse Mortgage Burlington
- Reverse Mortgage Oakville
- Reverse Mortgage Milton
- Reverse Mortgage Georgetown
- Reverse Mortgage Mississauga
- Reverse Mortgage Woodstock
- Reverse Mortgage Guelph
- Reverse Mortgage Kitchener
- Reverse Mortgage Cambridge
- Reverse Mortgage Waterloo
- Reverse Mortgage Halton Hills
- Reverse Mortgage Halton
- Reverse Mortgage Puslinch
- Reverse Mortgage Erin
- Reverse Mortgage Ancaster
- Reverse Mortgage Stoney Creek
Not on the list? See every Ontario city we serve.
Reverse Mortgages & Seniors 55+: your roadmap, guides, calculators and FAQs
See exactly what you need to do at each stage, what we handle, and every resource that supports it — with a checklist you can tick off as you go.
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