reverse mortgages Archives - Mortgage Rates & Mortgage Broker News in Canada

More than a last resort: How to position reverse mortgages for today’s retiree

May 26, 2025 No Comments

Reverse mortgages have rapidly evolved from a niche product to a mainstream financial tool for Canadian homeowners aged 55 and over.

Unlocking Financial Freedom: How Canadians 55+ are re-imagining retirement

March 4, 2025 1 Comment

Happiness, as psychologists often point out, can be elusive. However, a recent study sponsored by HomeEquity Bank reveals that Canadians aged 55 and better are unlocking the keys to happiness and satisfaction in their own unique way.

Helping retired Canadians with a reverse mortgage

Helping retired Canadians navigate financial challenges: A solution for brokers

November 28, 2024 No Comments

Retirement is often considered a time to relax and enjoy the fruits of decades of hard work. However, for a growing number of Canadians 55 and older, this picture is clouded by financial uncertainty.

Bloom Financial home equity prepaid MasterCard

Bloom unveils new home equity prepaid Mastercard as novel way for seniors to fund retirement

March 14, 2024 9 Comments

A first-of-its-kind product by Toronto-based Bloom Financial is offering an innovative solution for seniors struggling to fund their retirement in the face of rising costs.

HEB advertorial-February-Reverse mortgages for Canadians

Financial freedom for Canadians 55+: HomeEquity Bank boosts CHIP Reverse Mortgage support for the broker channel

January 30, 2024 No Comments

HomeEquity Bank is steadfastly committed to providing older Canadians with the means to enjoy their retirement years with greater confidence by enhancing our efforts to collaborate with the mortgage broker channel.

Why I reversed my thoughts on reverse mortgages

October 12, 2023 No Comments

Reverse mortgages have long been a financial product shrouded in misconception, both for consumers and financial mortgage professionals.

Grow your business: Broker Launchpad gives you the tools you need to succeed

June 5, 2023 No Comments

In today’s challenging economic climate, it’s more important than ever to stay top of mind with clients to expand your reach and grow your business.

Is the CHIP Reverse Mortgage in your lending portfolio? Here’s why it should be

May 31, 2023 1 Comment

To continue growing their business, savvy brokers will need to expand their product offerings and offer lending solutions that meet their clients’ changing needs. The CHIP Reverse Mortgage by HomeEquity Bank is a solution that is tailor-made for the shifting economic climate.

Reverse mortgages: A financial solution made for today

February 28, 2023 No Comments

The CHIP Reverse Mortgage from HomeEquity Bank allows Canadian homeowners age 55+ to access up to 55% of their home’s value and turn it into tax-free cash without having to move or sell.

Reverse mortgages are booming amid Canada’s turbulent rate environment

January 30, 2023 No Comments

High rates haven’t stopped Canadians from tapping their home equity by way of reverse mortgages.

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