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.
I had an excellent experience with the Tracy Valko team. Santiago and Matt were incredibly helpful, providing clear advice and great mortgage options tailored to my needs. They made the process simple and stress-free, especially with the paperwork, which they handled smoothly and efficiently. I really appreciated their professionalism and support throughout the process. Highly recommend them if you are looking for a mortgage good rate
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Diana Carreon
13 days ago
I have worked with Tracy and her team for over 10 years and would highly recommend her services. Tracy is responsive, knowledgeable, supportive and works to educate her clients. I have appreciated her personal service and guidance over the years. Thanks Tracy!
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Ms. Giraffezilla
16 days ago
Tracy and her team is a step above the rest! They are committed, helpful and have your best interest at heart. I should know, I have known some of them for 30 yrs.
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Helga Peller
8 years 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.