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.
Ive had an excellent experience with Valko Financial. From the very beginning, they made everything clear and easy to understand. They take the time to explain options, answer questions, and genuinely care about helping clients reach their goals.
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Elijah Sanchez
10 days ago
I had an absolutely wonderful experience working with Tracey at Dominion Lending Centres – Valko Financial Ltd. From start to finish, she made the entire process smooth, clear, and stress-free. Tracey is incredibly knowledgeable, professional, and patient—she took the time to answer all my questions and made sure I felt confident every step of the way. Her dedication and personal touch really stood out, and I could tell she genuinely cared about helping me reach the best outcome. If you’re looking for someone trustworthy, responsive, and truly invested in your financial goals, I highly recommend Tracey and her team on Glasgow Street in Kitchener.
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Makenzie Elizabeth
10 days ago
I had an excellent experience working with Valko Financial. they were incredibly responsive and attentive to my needs. What really stood out was their willingness to take the time to educate me with mortgage financing. They answered all my questions, no matter how small and I truly felt supported and confident in my decisions because of their guidance. Highly recommend for anyone looking for a reliable and knowledgeable mortgage broker.
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alex hanlon
10 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.