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.
We just renewed our mortgage with Samantha. She was excellent and made the process very easy. She responded to my questions often within an hour of me emailing and got us a great deal. We felt very taken care of.
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Stacey L
7 days ago
I had the pleasure of using Valko Fianancial for three homes now. I cannot reiterate how smooth and easy the whole process was from start to finish. I worked with Matt S this time around. And he was very calm, easy to chat with and got all the stuff in place making it a super stress free closing. I highly recommend them as they tend to find the best rates at the time of purchase and really talk to you about it. Answer all your questions respectively. 5 ⭐️!
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Natalie Nagy
9 days ago
We absolutely love our new home and we couldn’t have done it without Cindy White! She went over and beyond to make sure we felt comfortable with our purchase. Cindy was transparent and awesome to work with. This is our second time working with Cindy, highly recommended.
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Eston Simon
17 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.