01
Check your eligibility
Tell us about the homeowners, the property, and your financial goals.
Reverse mortgage Ontario
Access your home equity.No required monthly mortgage payments.
Turn a portion of your home equity into tax free cash without selling your home. Designed for Ontario homeowners aged 55 and older.
- ✓ Remain the owner of your home
- ✓ Flexible ways to receive funds
- ✓ Expert Ontario guidance
55+
Specialized for Canadian homeowners aged 55 and older.
Simple from the start
How a reverse mortgage works in Ontario.
Our team explains the details clearly and helps you compare your available options.
02
Review your options
We assess the home value and explain suitable lenders, amounts, costs, and terms.
03
Access tax free cash
Receive approved funds as a lump sum or through an available payment option.
Meet your team
Our award winning team.Here every step of the way.
AWARD WINNING EXPERTISE
Expert guidance for Ontario homeowners
CMP Top 75 Broker 2026
John Burke was recognized among Canada’s leading mortgage brokers.
Top Choice Award
Recognized for trusted service and mortgage brokerage excellence.
Consumer Choice Award
Recognized for mortgage brokerage service and expertise.
Built for homeowners 55+
Your home may support the retirement you want.
Available funds depend on factors such as age, property value, location, and the type of home.
Basic eligibility
Start with the home you already own.
A reverse mortgage can provide access to home equity while allowing you to continue living in your home.
- All homeowners are 55+
- Ontario primary residence
- Sufficient home equity
- Property meets lender criteria
Use your equity your way
More financial flexibility without selling your home.
Homeowners use reverse mortgage funds for many different priorities.
01
Pay off existing debt
Consolidate eligible debts and reduce pressure on monthly cash flow.
02
Renovate or repair
Make the home safer, more accessible, or better suited to aging in place.
03
Support retirement
Add flexibility for everyday expenses, travel, or unexpected costs.
04
Help your family
Provide financial support for loved ones when it matters most.
05
Cover healthcare costs
Plan for care, mobility needs, or other health related expenses.
06
Create an emergency reserve
Keep funds available for future needs and greater peace of mind.
Clear answers
Understand the details before you decide.
A Burke specialist can explain your options, costs, and obligations without pressure.
Book Free Consultation →Do I still own my home?+
Yes. You retain ownership and remain responsible for obligations such as property taxes, home insurance, and maintaining the property.
Do I need to make monthly mortgage payments?+
Reverse mortgages generally do not require regular monthly mortgage payments while you remain in the home and meet the loan conditions.
How much could I qualify for?+
The amount depends on factors including the homeowners’ ages, property value, location, property type, and the lender’s criteria.
When is the loan repaid?+
It is generally repaid when you sell the home, move out permanently, or the last borrower dies. Specific terms vary by lender.
Will a reverse mortgage affect my government benefits?+
Funds are generally tax free and may not affect income tested benefits, but you should confirm your personal situation with an appropriate financial or tax professional.
Proudly serving homeowners across Ontario
- Toronto
- Richmond Hill
- Vaughan
- Markham
- Mississauga
- Brampton
- Hamilton
- Ottawa
- London
- Kitchener
- Waterloo
- Barrie
- Oshawa
- Whitby
- Windsor
- Sudbury
See what your home equity could make possible.
Start online or speak with a reverse mortgage specialist.