Stay in your home
Keep living in the home you know and retain ownership. There is no need to move.
Access your home equity without monthly payments
Reverse Mortgage Outlet helps Ontario homeowners 55+ access a reverse mortgage while keeping ownership of their home and the life they know.
- Anvar Islamov, licensed mortgage broker (FSRA #12628)
- Consultations available in Russian
- Access to Ontario’s major lenders
Why a reverse mortgage?
A simple way to turn built-up home equity into available funds without selling your home.
No monthly payments
Interest accrues on the balance, but payments are generally not due until the home is sold or you move.
Use funds your way
Use the money for debt repayment, renovations, family support, travel, or everyday expenses.
Preliminary estimate
Estimate how much you may be able to access
Enter your age, home value, and current mortgage for a useful starting point before a conversation.
A calm first step
Get a free consultation
Leave your details and we will call to discuss your situation calmly, with no obligation.
Ontario’s major lenders — in one place
As an independent broker, we work with financial institutions across the province that offer reverse mortgages, and we can help you compare the available options and terms.
HomeEquity Bank
CHIP Reverse Mortgage
Canada’s largest reverse mortgage bank. Available to homeowners aged 55+.
Equitable Bank
Flex Reverse Mortgage
A reverse mortgage program for homeowners 55+; terms depend on your situation and lender approval.
Home Trust
Mortgage Solutions
Alternative mortgage products for non-standard situations.
Bloom Financial
Bloom Reverse Mortgage
A digital solution for homeowners 55+ accessing home equity for their plans.
IC Savings
Term Reverse Mortgage
An Ontario credit union offering fixed-term reverse mortgages with a personal approach.
Costs and trade-offs: what to know before you decide
Reverse mortgage interest rates are generally higher than those on a conventional mortgage.
Your home equity shrinks over time: interest accrues on the loan balance, so the total amount owed grows.
Independent legal advice is required before closing — a lawyer not connected to us or to the lender must review the terms with you.
There may be other costs: a property appraisal, legal fees, and lender fees. Ask about them in advance.
It is an individual decision: whether this option suits you depends on your situation, age, home value, and plans.
Russian-language guide
7 вопросов перед реверс-ипотекой
A short Russian PDF guide to help you prepare for a conversation with a broker, lawyer, and lender. Get it free after sharing your contact details.
News
Worth knowing before you decide
September 17, 2026
A Retirement That Starts With a Mortgage
Read articleSeptember 16, 2026
I Don't Want to Be a Burden to My Children
Read articleSeptember 13, 2026
What Happens to the Home After Me? Heirs and Reverse Mortgages
Read articleSeptember 11, 2026
Debt Consolidation Through a Reverse Mortgage
Read articleWhy the name Outlet?
The name reflects what we do: we are not one bank, but an independent access point to all available Ontario reverse mortgage programs.
All Ontario lenders
We work with provincial financial institutions that offer reverse mortgages, so you are not limited to one bank.
Working with us means comparing offers from multiple available lenders. We tailor the solution to your situation, not one bank’s product.
Find out how much you may be able to access
Every situation is unique. Contact us for a free, confidential, no-obligation consultation.
Book a consultation