A reverse mortgage allows eligible homeowners, typically aged 60 and over, to access some of the equity in their home without having to sell it. Unlike a traditional home loan, regular repayments are generally not required. Instead, the interest is added to the loan balance over time, which is usually repaid when the home is sold or the borrower permanently leaves the property.

Eligibility depends on several factors, including your age, the value of your property and the lender's criteria. In most cases, borrowers must be at least 60 years old and own their home. We can quickly assess your eligibility during a free consultation.

No. Most reverse mortgages do not require mandatory repayments while you continue living in your home. However, many lenders allow voluntary repayments if you wish to reduce the loan balance over time.

Yes. One of the key benefits of a reverse mortgage is that you generally remain the owner of your home and can continue living there, provided you meet the terms of the loan, such as maintaining the property and keeping it insured.

The amount you may be able to borrow depends on factors such as your age, your property's value and the lender's lending criteria. Generally, the older you are, the more equity you may be able to access.

Because repayments are generally not required, interest is added to the outstanding loan balance. This means the amount owing typically increases over time. However, many properties also increase in value over the long term, so it's important to consider both sides when deciding whether a reverse mortgage is suitable.

Yes. We can meet over Zoom or via a phone call and complete your application all remotely.

We review all of our clients' home loans at least once a year. If we believe a better rate is available, we’ll contact the bank on your behalf to negotiate. Additionally, we’ll ensure that your current loan product still meets your needs.