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Best Reverse Mortgage Rates

Let us help you find the best reverse mortgage rate.

In the realm of financial planning, reverse mortgages have emerged as an innovative solution for homeowners, especially high net worth individuals, seeking to access the equity in their homes while maintaining ownership.
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“Everything was very clear, and well explained. The financial projections showing the implications in different scenarios were clear. It was adaptable to our situation.”
Arnold Dwinski

5 Year Fixed Rates

As of Jan 13, 2025
6.49%
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6.49%
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6.69%
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6.69%
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What are the benefits of a Reverse Mortgage?

Unlike traditional mortgages that require monthly payments, reverse mortgages allow homeowners to receive funds from lenders based on the appraised value of their properties. The unique feature of a reverse mortgage is that repayment is typically deferred until the borrower sells the home, permanently moves out, or passes away.
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A reverse mortgage enables homeowners to convert a portion of their home equity into tax-free cash.

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No monthly mortgage payments are required with a reverse mortgage.

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The funds from a reverse mortgage can be received either as a lump sum or in regular installments.

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Homeowners retain ownership of their home while accessing the funds.

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The loan is typically repaid when the homeowner sells the property, moves out, or passes away.

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Up to 59% of the home's value can be borrowed through a reverse mortgage.

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Increased Income

Are you eligible?

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You are 55+

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The property is owner-occupied

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Your home is your principal residence

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You live in Ontario, Quebec, British Columbia, or Alberta

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All title holders apply as joint borrowers (ON, AB, BC)

Reverse Mortgage Assessment

Complete the questionnaire below to get your FREE Reverse Mortgage Quote.
Assessment
Are you over the age of 55?

What can you use your reverse mortgage for?

Debt Consolidation

Renovations

Vacation Home

Gifted Down Payment

Tax Free Cash Flow

Tax Free Investments

From Our Clients
Read through some of our customer/client testimonials.

Be wise with your equity

Discover the benefits of a reverse mortgage! Get approved in minutes!
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Wise Equity Reverse Mortgages
1-647-955-7464
info@wiseequity.ca
www.wiseequity.ca

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