A Reverse Mortgage can be a powerful financial tool for Canadians aged 55+, but it must be understood correctly. With over 20 years of experience in the financial industry, I provide clear and unbiased guidance to help you understand how a reverse mortgage works — before you speak to a lender.
This consultation will help you decide if a reverse mortgage is the right option for your retirement needs, debt consolidation, or equity take-out goals.
This service includes:
Eligibility assessment (age, property type, home equity, credit considerations)
Estimated loan amount availability based on your property
Review of payout options (lump-sum, monthly payment, combination)
Cost breakdown (interest, fees, legal, appraisal, closing costs)
Debt consolidation & equity take-out planning
How reverse mortgage repayment works
Differences between banks, private lenders
Common misconceptions, risks & benefits
Step-by-step guidance on how to proceed
Optional: Zoom/phone call to review findings together
Ideal For:
Homeowners 55+ wanting to take-out home equity
Seniors needing additional monthly income
Clients who want to avoid selling their home
Borrowers with credit challenges
Children helping parents explore retirement options
You’ll receive a clear, personalized explanation — no pressure, just guidance.