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Why Choose a Reverse Mortgage?

  • Get up to 55%* of the value of your home
  • Stay in your home & maintain full ownership and control
  • NO Monthly Payments until you choose to move or sell
  • Receive your money tax-free
  • Option to make advance interest payments*

Your Retirement, Your Way!

There are NO restrictions on how you choose to use the money from a Reverse Mortgage. You could:

  • Pay off debts
  • Renovate your home
  • Take care of unexpected expenses
  • Help a loved one
  • Enjoy the retirement you deserve
  • Travel or purchase a vacation propert

How to Qualify

Reverse Mortgages are exclusively available for Canadian homeowners aged 55 and over.

  • All applicants are at least 55 years old
  • Your home is your principal residence
  • Any loans secured by your home (e.g. mortgage or home equity line of credit) must be less than the funds available from a Reverse Mortgage

And that’s it! If you meet those requirements or have questions, please contact us. We’d love to review your current situation and see if a Reverse Mortgage is right for you.

Why Choose Us? Unbiased Advice

As Mortgage Brokers, we’re not tied to one specific bank or lender. We can find the best reverse mortgage suited to your needs now and for the future.

Getting involved with a reverse mortgage should involve a carefully thought out process. We take the responsibility of helping you facilitate this financial move seriously.

The expert mortgage brokers we have on staff have years of experience in the field helping people all over Toronto, the GTA, Vaughan and York Region. Each process starts with a free consultation with one of our brokers so we can better understand your needs when it comes to a reverse mortgage.

We’re Here to Help You Along the Way

Our team have big hearts. We love getting to know our clients and understand what they truly need. We will personally walk you through the process step by step. From what pieces of information you’ll need to qualify, to the different conditions specific to each mortgage lender’s deal.

Benefits of Reverse Mortgages in Ontario

No Qualification Required! If you, or the youngest owner of the property are 55 years or older, you qualify for a Reverse Mortgage.

No Payment Required. As long as you, or the youngest owner of the property reside in the property, there is never any payment required for a Reverse Mortgage.

No Restriction on what you can do with the money you receive from your Reverse Mortgage.

Get a Free Assessment!

Reverse Mortgage Calculator

Reverse Mortgage Help is here to help you with every aspect of getting the kind of reverse mortgages that suit your lifestyle. Of course, that includes our handy reverse mortgage calculator. We’ve taken every step to adopt the kind of innovations that make a difference to our valued clients.

We know full well there are questions you need to ask before you sign on the dotted line for any kind of reverse mortgage. Our job is to help you get all the information together in one easy to understand format.

What's the estimated property value of your home?

What is your property address?

What is your name and age?

What is your contact information?

How Does a Reverse Mortgage work?

Complete a simple 3 step assessment form to determine the amount you are eligible to receive.

We will guide you through the process, assist with the property valuation and confirm the amount of your approval.

Your solicitor reviews the Reverse Mortgage documents, registers the mortgage, pays off any outstanding balances and deposits the cash to your account. That’s it!

Testimonials

“My husband retired with no pension other than what he received from CPP and OAS. We reached out to Reverse Mortgage Help and Clyde and his team was able to create a solution for us which give us piece of mind and the cashflow that we need. J.A., Vaughan ”

“It was difficult to get up and down the stairs and we needed to make modifications to our home. We contacted Reverse Mortgage Help and Roger and his team was able to get us the $100K we needed to install ramps and lifts in our home. We can now move about in our home with ease and not have to worry about payments. G. S, Richmond Hill ”