Your Home.
Your Equity.
Your Future.
Helping Canadian homeowners from coast to coast access the wealth they’ve built in their home.
Discover Your Home's Hidden Value
Reverse Mortgage has many advantages, and therefore has been a choice of many senior Canadians in the recent years.
Access Tax-Free Cash
Convert your home equity Into cash without monthly payments
Keep Your Home
Maintain full ownership and control of your property
Age In Place
retirement
- Completely Confidential
- No Obligation
- Instant Answers
Is This Right For You?
- You Are 55+
- You Own Your Home & Want To Stay There
- You Want To Access Home Equity
Put Your Equity to Work
What Can You Use The Money For?
Your home equity is yours. Here are the most common ways Canadian homeowners 55+ are using their reverse mortgage funds to live — and retire — on their own terms.
Cover Healthcare Costs
From dental work and prescriptions to in-home care and medical equipment — never compromise on your health because of cash flow.
Renovate & Age in Place
Install grab bars, widen doorways, add a walk-in shower, or repair your roof. Make your home safe and comfortable for the long term.
Eliminate Monthly Debt
Pay off your existing mortgage, credit card balances, or line of credit — and free yourself from monthly payment stress for good.
Supplement Retirement Income
Stretch your CPP, OAS, and pension further. Access a steady stream of tax-free funds to cover everyday living expenses comfortably.
Support Your Family
Help a child with a down payment, fund a grandchild’s education, or give a living inheritance — while staying in the home you love.
Travel & Enjoy Retirement
Take the trip you’ve been putting off. Experience retirement the way you always imagined — without dipping into savings or selling your home.
Got Questions?
Your Most Common Questions Answered
A reverse mortgage is a big decision. Here are honest, straightforward answers to what Canadian homeowners ask most.
Will the bank own my home?
No — you retain 100% ownership of your home throughout the life of the loan. The bank holds a mortgage against it as security, just like a regular mortgage, but the title stays in your name. You continue to live there as long as you choose.
What happens to my kids' inheritance?
When the home is eventually sold — whether after you pass, or if you choose to move — the loan is repaid from the proceeds, and any remaining equity goes to your estate. In most cases, Canadian home values have risen enough that significant equity remains. You will never owe more than the fair market value of your home.
Does this affect my CPP, OAS, or other government benefits?
The funds you receive from a reverse mortgage are considered loan proceeds — not income — so they are tax-free and do not affect your CPP, OAS, or GIS eligibility. Your government benefits remain fully intact.
What if my home value drops?
You are protected by a “no negative equity guarantee.” This means you will never owe more than your home is worth at the time of sale — even if the property value has declined. The lender absorbs any shortfall; your estate is never responsible for the difference.
How is this different from selling and downsizing?
Downsizing involves agent commissions, land transfer taxes, moving costs, and the emotional toll of leaving your home — often costing $40,000–$65,000 or more before you see a dollar. A reverse mortgage lets you access your equity without moving, without those costs, and without giving up the home and community you’ve built your life around.
Can I change my mind or pay it off early?
Yes. You can repay a reverse mortgage at any time. There may be prepayment charges depending on when you repay, which vary by lender and term. As your specialist, Nick will walk you through all costs clearly before you sign anything — no surprises.
What Can You Use The Money For?
Your home equity is yours. Here are the most common ways Canadian homeowners 55+ are using their reverse mortgage funds to live — and retire — on their own terms.
Cover Healthcare Costs
From dental work and prescriptions to in-home care and medical equipment — never compromise on your health because of cash flow.
Renovate & Age in Place
Install grab bars, widen doorways, add a walk-in shower, or repair your roof. Make your home safe and comfortable for the long term.
Eliminate Monthly Debt
Pay off your existing mortgage, credit card balances, or line of credit — and free yourself from monthly payment stress for good.
Supplement Retirement Income
Stretch your CPP, OAS, and pension further. Access a steady stream of tax-free funds to cover everyday living expenses comfortably.
Support Your Family
Help a child with a down payment, fund a grandchild's education, or give a living inheritance — while staying in the home you love.
Travel & Enjoy Retirement
Take the trip you've been putting off. Experience retirement the way you always imagined — without dipping into savings or selling your home.
Families We've Helped
Real Impact Stories: When Equity Becomes Freedom
Discover how Judith and others transformed their home equity into financial independence, creating a secure foundation for their golden years.
Judith
- Age 75
- 40+ years in her home
- Ontario
The Challenge:
Rising living costs and inflation were stretching Judith’s fixed pension income. She was drawing down her modest savings and worried about how to afford future healthcare needs while staying in her family home.
Success Story:
- Preserved the ability to stay in her beloved home.
- Secured a financial cushion against inflation.
- Created the option of a healthcare emergency fund.
- Maintained financial independence without burdening her kids.
- Reduced stress over outliving savings.
Home Value:
$2,000,000
Monthly Income:
$2,000
Margaret S.
- Age 67
- Ontario
The Challenge:
Rising dental and prescription costs
Success Story:
Covers all health expenses + emergency fund
"
Margaret's dental work and prescriptions were straining her budget. With her reverse mortgage, she can afford the care she needs while staying in her Beaches home.
"
Linda & Robert M.
- Age 55 & 56
- Ottawa, ON
The Challenge:
Grandchildren university tuition
Success Story:
Supporting education while maintaining independence
"
Their granddaughter Emma is studying medicine at U of T. Robert and Linda can now help with tuition while staying in their family home.
"
James R.
- Age 75
- Hamilton, ON
The Challenge:
Roof repairs and accessibility updates
Success Story:
Safe, comfortable home for the long term
"
James installed grab bars, fixed the roof, and added a walk- in shower. His home of 40 years is now perfect for aging in place.
"
Your Most Common Questions Answered
A reverse mortgage is a big decision. Here are honest, straightforward answers to what Canadian homeowners ask most.
GETTING STARTED IS EASY
From Your Questions Answered To Receiving The Money, The Process Is Easy
Myth vs. Reality
MYTH:
The bank takes YOUR house
"
Margaret's dental work and prescriptions were straining her budget. With her reverse mortgage, she can afford the care she needs while staying in her Beaches home.
"
REALITY:
You maintain 100% ownership & control OF YOUR HOUSE
"
James installed grab bars, fixed the roof, and added a walk- in shower. His home of 40 years is now perfect for aging in place.
"
Meet REVERSE MORTGAGE SPECIALIST
Nick Tavernese
Mortgage Agent Level 2 - License
I’ve been helping clients with their mortgage needs for over 35 years. Giving my clients more choice, flexibility, and solutions tailored to their home ownership goals.
