Access your home equity tax-free — without selling, downsizing, or making a single monthly payment. We shop every reverse mortgage lender in Canada to find your best fit.
How much you can access depends on your age, your home's value, and which lender is the best fit. A 15-minute call gives you a real number — not a guess.
What is a reverse mortgage?
A reverse mortgage lets homeowners 55+ borrow against the equity in their home. You receive tax-free funds and make no monthly payments. The loan is repaid when you sell, move, or pass away — and you always retain full ownership and title.
HomeEquity Bank product suite
Canada's original reverse mortgage lender since 1986.
Access up to 55% of your home's appraised value as a lump sum, or a combination of lump sum and scheduled advances. Available Canada-wide to homeowners 55+.
Receive funds as monthly or quarterly installments plus an initial lump sum deposit. Adjust the amounts as your needs change over time.
Available in select urban centres in AB, BC, ON, and QC for borrowers aged 55–75. Provides a higher loan amount than standard CHIP where eligible.
A flexible short-term product for clients who plan to repay in full within a few years. No prepayment charges at any time.
Common uses
There's no wrong reason to access wealth you've already built.
CPP and OAS don't always cover everything. A reverse mortgage creates breathing room without drawing down your investments.
Fund renovations, accessibility upgrades, or in-home care. Stay in the home you love without making financial compromises.
Pay off your remaining mortgage and free up significant cash flow immediately.
Gift a down payment to your kids. Fund education for grandchildren. Provide support when it creates the most impact.
Unexpected health costs can erode savings fast. Access capital without liquidating your investment portfolio at a loss.
Take the trip you've been putting off. Fund the lifestyle you've earned. Retirement should be lived.
Every home and every situation is different. The best way to find out your number is a quick conversation — we'll run it for you, free, with no obligation.
Book a video callKnow your options
We will always walk you through every option.
| Reverse Mortgage | HELOC | Downsizing | |
|---|---|---|---|
| Stay in your home | Yes | Yes | No |
| Monthly payments required | None | Yes | N/A |
| Income requirements | No | Yes | Varies |
| Max borrowing power | Up to 55–59% | Up to 65–80% | Net sale proceeds |
| Tax-free funds | Yes | Yes | Yes |
| Risk of loan being called | None | Can be called | N/A |
| Benefit from home appreciation | Yes | Yes | No |
Interest rates subject to change. Speak with us for current rates specific to your situation.
The process
From first conversation to funded — most clients are done in 30–45 days.
15–20 minutes. We learn about your situation, walk through your options, and give you a real number.
We access every reverse mortgage lender in Canada and present the best rates for your situation.
Canadian law requires independent legal advice before closing. We coordinate this step.
Choose lump sum, monthly or quarterly advances, or a combination. Funds typically arrive within 30 days.
Qualifications
The eligibility requirements are straightforward.
There's no one-size-fits-all answer. How much you can access depends on your specific age, property value, location, and which lender is the right fit.
Common questions
Honest answers — no sales spin.
What clients say
"The team at Pilot helped us confidently navigate the biggest financial decision we have ever made. They took what we imagined to be an incredibly stressful and complicated process and helped us make sense of it."
"I can now stay in my home during a time of skyrocketing home prices. The specialist guided this transaction from start to finish and made the experience smooth."
Ready to explore?
A 15-minute video call is all it takes. We'll look at your situation, tell you exactly how much you can access, and give you an honest recommendation.