Reverse Mortgage
Unlock the Value of Your Home—Without Selling
A reverse mortgage allows Canadian homeowners aged 55 and over to access the equity in their homes tax-free, without selling or making monthly mortgage payments. It’s a flexible financial tool that can help fund retirement, cover expenses, eliminate debt, or support loved ones—all while staying in the home you love.
To qualify, you must be at least 55 years old, own your home as your primary residence, and have sufficient equity built up. If more than one person is on the title, each must meet the age requirement.
With a reverse mortgage, you can access up to 55% of your home’s value, without impacting your government benefits. There are no monthly payments—the loan is repaid only when you sell your home or pass away.
Whether you're looking to boost monthly cash flow, avoid downsizing, fund renovations or travel, or give your children an early inheritance, a reverse mortgage could be the solution.
Will I still own my home with a reverse mortgage?
Yes, you remain the full owner of your home with a reverse mortgage.
Just like a traditional mortgage, your name stays on the title, and you keep full control of your property. The lender simply places a lien on the home as security for the loan. You continue to live in your home for as long as you choose, and the loan is only repaid when you sell, move out, or pass away.
Do I need to make payments with a reverse mortgage?
No, you don’t need to make any monthly mortgage payments with a reverse mortgage.
One of the biggest advantages of a reverse mortgage is that repayment is deferred. The loan, plus interest, is only repaid when you sell your home, move out, or pass away. Until then, you can enjoy the equity you've built—without the pressure of monthly payments.
Can I lose my home with a reverse mortgage?
No, you won’t lose your home as long as you meet the basic requirements of the reverse mortgage.
You remain the legal owner of your home and can live in it for as long as you choose. The only conditions are that you continue to maintain the property, pay your property taxes, and keep home insurance up to date. As long as these responsibilities are met, you cannot be forced to sell or move out.
At Valko Financial, we ensure you fully understand your rights and responsibilities—so you can move forward with confidence and peace of mind.
Thank you so much to Samantha for all her help in getting me my mortgage! Her professionalism, knowledge, and most importantly, her dedication, were unparalleled throughout the process. Tracy runs a great brokerage with staff who are truly there for you, and I would highly recommend them to anyone.
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Brendan Reid
6 days ago
Thanks to the Valko team for a smooth trouble free refinance! A+ service would greatly recommend this team !
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Rick Kane
12 days ago
We have been in a transition of buying a home for 4 years due to personal circumstances. Cindy has been there for us, answering questions and helpful during the entire process. We were recently able to actually move ahead with pursuing buying a home, and Cindy made the mortgage process smooth, easy and calm. She went above and beyond and service and we will recommend her to anyone looking for a mortgage broker.
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Rob Dunham
12 days ago
Let’s Talk About What’s Possible
Retirement should feel secure — not stressful. Let’s explore if a reverse mortgage is the right fit for your lifestyle and future.