A reverse mortgage is a government regulated loan for homeowners 55 and up that turns home equity into tax-free cash. You remain the title holder, stay in your home, make no payments (unless you want to) until you sell or move.

Any Canadian homeowner aged 55+ with significant equity in their primary residence. There’s no minimum income requirement, however approval is based on your age, home value & location and how much existing debt (including mortgages) you have.

Repayment only happens when the home is sold or you permanently move out. Until then, you are not required to make payments. Interest will accrue unless you elect to pay it each month which you may. You can make pay the interest each month if you wish to. This is up to you. You can also elect to make payments towards the principal each year if you wish to (allowances vary lender-to-lender).

You’ll see a one-time appraisal fee, your lawyer fees and a small setup charge—all disclosed up front. There are no hidden surprises, and we charge no mortgage broker fees for any assistance setting up your reverse mortgage. Period. It's expert advice, guidance and assistance at no extra cost to you.

Heirs can repay the loan in any manner to keep the home just as with any other type of mortgage, including getting a mortgage of their own or sell the property to settle the balance. Any remaining equity after repayment belongs to your estate / heirs.

A mortgage broker represents the borrower. That's your major advantage in dealing with us. We are independent and objective. It's your biggest advantage in dealing with us. It's not our job to sell you any one lender's mortgage.

You can trust us not only to tell you which lender's reverse mortgage product is most suitable for you, but we will tell you if a reverse mortgage may not be the right fit for you. If that's the case we'll help you find the product that's the best fit.

Why apply with just one lender if you don't know if they have the best product?

Work with someone who can access all the right lenders, products from the start.

This is where we particularly shine. For 25 years, Principal Broker Peter Fabry has specialized in Alternative Mortgages for the 1-in-3 Canadians that cannot qualify for the product at their local (Tier 1) bank with limited products and strict guidelines.

There are great mortgages from other (Tier 2) banks, trusts, mortgage co's, etc.. That's your BIGGEST ADVANTAGE working with our company. If there is a better product out there we know how to find it and get it for you.

Why apply with just one lender if they can't help you if you are declined or aren't offered enough money? They can only sell their own mortgages. Work with the right broker who can access all the products - right from the start.