The Basics
A reverse mortgage allows Canadian homeowners aged 55 and over to convert part of their home equity into tax-free cash — without selling their home or making monthly payments.
You remain the legal owner of your home throughout the entire process. Repayment is only required when you choose to move, sell, or transfer the title.
Think of it as your home working for you — after decades of building equity, you finally get to enjoy it on your own terms.
Is This Right For You?
Aged 55 or Older
Designed specifically for Canadian homeowners who have reached 55 — the younger you access it, the more flexibility you have.
Own Your Home
You must be a homeowner with meaningful equity built up — whether you have a mortgage or own it outright.
Want Payment-Free Living
If eliminating monthly mortgage payments would dramatically improve your cash flow and peace of mind, this was built for you.
Planning for Retirement
Supplement income, consolidate debt, support family, or simply enjoy the retirement you've earned — without financial stress.
Put It to Work
Canadians use their home equity for goals that matter most — here's how clients typically put these funds to work.
Why It Works
No Required Monthly Payments
Free yourself from mortgage obligations entirely. Interest accumulates, but payment is deferred until you sell or move.
Tax-Free Funds
The money you receive is not considered taxable income by the CRA, so every dollar goes directly to your goals.
No Impact on CPP or OAS
Your government retirement benefits remain completely unaffected — this doesn't count as income.
You Stay in Your Home
Your home remains yours. You hold the title and can live there as long as you choose, with no disruption.
Flexible Payout Options
Choose a lump sum, scheduled monthly advances, or a combination — structured around your specific needs.
No Negative Equity Guarantee
You'll never owe more than your home's fair market value at time of repayment — fully protected by Canadian regulation.
Straight Answers
Will I still own my home?
Yes — always. Your name stays on the title and you remain the legal owner throughout the life of the mortgage. Nothing changes about how you live in your home.
What happens when I sell?
The reverse mortgage is repaid from the sale proceeds. Any remaining equity — often the majority — goes directly to you or your estate.
Can I lose my home?
No — as long as you maintain property taxes and home insurance (the same responsibilities as any homeowner), your security is fully protected by Canadian law.
What if my home value decreases?
The no-negative equity guarantee means you'll never owe more than your home is worth at the time of repayment, regardless of market fluctuations.
Start Here
Fill out the form for a free, no-obligation consultation. A licensed advisor will review your situation and give you a clear picture of your options — no pressure, no commitment.
Get My Free Assessment