For many homeowners in Canada aged 55 and older, reverse mortgages are helping them bring their retirement goals into reach.
At Equitable Bank, we’re proud our reverse mortgage solutions are helping Canadians live the lives they want—in the homes they love.
Whether you’re looking to consolidate debt or simply need access to extra cash flow, learn from our customers who’ve been there.
Meet Barbara: A living gift and peace of mind
Barbara, 68, and her husband Tom decided to take on a reverse mortgage to help their daughter and her fiancé buy their first home.
When life took a turn for Tom, Barbara was able to lean on her reverse mortgage to cover health care costs and focus on being present for Tom.
Meet Nicole: A family reunion abroad
At 75, Nicole felt she’d done everything right, but her wealth was locked in her home, and she still had a mortgage.
Her reverse mortgage opened the door to possibility. Now she can visit her children and grandchildren in the United States, and even plans to check off a lifelong dream: a trip to Europe.
Meet Bernie: Extra room to breathe
Bernie, 72, spent 50 years working hard. As a widower, he planned to spend retirement building guitars, woodworking with his son, and growing champion dahlias, but his mortgage was a source of financial strain and emotional exhaustion.
An Equitable Bank Reverse Mortgage helped him pay off debt, renovate his basement—and finally enjoy a stress-free retirement.
Meet Wazir: Dignity from debt consolidation
For Wazir, retirement meant trying to keep up with monthly bills. To find relief, he thought he’d have to sell his beloved home, until a broker told him about reverse mortgages.
Through Equitable Bank, Wazir and his wife secured a reverse mortgage—and it changed everything.
Why choose an Equitable Bank Reverse Mortgage
For over 50 years, we’ve proudly served over 700,000 Canadians.
Our reverse mortgage customers rely on us for:
- Competitive rates
- If you see a better reverse mortgage rate posted in Canada, we’ll beat it**
- Friendly, zero-pressure, personalized service
- Access to tax-free cash1
- Flexible prepayment terms
- No monthly payment requirements