Discover what a Reverse Mortgage can do for you!

• No Monthly Payments               • Financial Freedom
• Your Home Remains Yours      • Tax Free Income
• Flexibility                                      • Increase Cash Flow

• No Monthly Payments

• Financial Freedom
• Your Home Remains Yours

• Tax Free Income
• Flexibility

• Increase Cash Flow

What is a Reverse Mortgage?

A reverse mortgage is a financial product available to Canadian homeowners aged 55 or older. It allows you to access up to 55% of the appraised value of your home without having to sell or move. 

Unlike traditional mortgages, you don’t make monthly mortgage payments. Instead, the loan is repaid when you sell your home. 

The funds are 100% tax-free and can be used however you wish — whether that’s to supplement retirement income, pay off debt, or help loved ones.

To be eligible for a reverse mortgage in Canada, you must meet the following criteria:

• Be a Canadian homeowner aged 55 or older
  
• Live in the home as your principal residence
  
• Own a qualifying home in an eligible location
  
• Pass a basic financial assessment

The amount you can borrow depends on your age, the appraised value of your home, its location, and the type of property.

Yes — reverse mortgages in Canada are highly regulated and must follow federal lending standards. They are offered by federally regulated financial institutions making them a very safe option. Important safeguards include:

• You remain the owner of your home.
  
• You will never owe more than your home is worth when it's sold (thanks to the "No Negative Equity Guarantee"). 
  
• Independent legal advice is required before finalizing your reverse mortgage, to protect your best interests
  

A reverse mortgage can be a smart financial strategy for Canadians 55+ who want to: 

• Stay in the home they love
  
• Access cash without monthly payments
  
• Boost retirement income
  
• Pay off debt or manage rising living costs
  
• Support children or grandchildren financially
  
• Delay CPP or OAS to maximize future benefits
  

It’s flexible, tax-free, and allows you to maintain control over your home and finances.

MYTH:
You lose ownership of your home.

MYTH:
The bank can force you to sell.

MYTH:
You can’t leave anything to your kids.

FACT:
You always remain the owner.

FACT:
You stay in your home as long as it remains your principal residence.

FACT:
Most homeowners still have substantial equity after repayment.

“This gave me the freedom to live comfortably in retirement. I didn’t want to downsize or worry about bills every month.”

Linda, 68, Hamilton, ON

“I was skeptical at first, but the process was simple andI still feel completely in control of my home.”

Doug, 74, London, ON

“We were able to help our daughter with her down payment without changing our lifestyle. Win-win!”

Marc & Denise, 71 & 69, Brantford, ON

At Go Canadian Mortgage, we are committed to helping Canadians aged 55+ access the value of their homes with confidence. A reverse mortgage can provide flexible, tax-free income — while you continue to live in the home you love. Click below to begin your consultation and explore your options today.

(519) 755-2446

Save@GoCanadianMortgage.com