Reverse Mortgages

A man and woman celebrate the purchase of their second home by dancing in the living room

Real Estate

Buying a second home: How it works in Canada

Here’s what home owners and investors should know about the rules, financing options and tax implications of buying a...

Buying a second home: How it works in Canada
A retired couple cheers to having found a way to fund their retirement

Ask a Planner

Should retirees consider a home equity sharing agreement (HESA)?

Home owners have a new way to tap their home equity. How does the HESA compare to a reverse...

Should retirees consider a home equity sharing agreement (HESA)?
The streetview of a white house with red trim and a white picket fence in the fall

Real Estate

How to use equity to buy a second home

We look at four common ways of financing the purchase of a second property using equity built up in...

How to use equity to buy a second home
silver-haired couple

Sponsored by Equitable Bank

“Which reverse mortgage is right for me?”

Two lenders in Canada offer reverse mortgages—and while their offerings are similar in many ways, there are key differences...

“Which reverse mortgage is right for me?”

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senior couple sitting on couch at home

Sponsored by Equitable Bank

What happens at the end of a reverse mortgage?

Myth: seniors who sign reverse mortgage contracts will lose possession of their homes. In fact, there are three common...

What happens at the end of a reverse mortgage?

Sponsored by Equitable Bank

Downsizing vs reverse mortgage: Which option is right for you?

Depending on your age, where you live currently and where you want to live in retirement, selling your home...

Downsizing vs reverse mortgage: Which option is right for you?

Sponsored by Equitable Bank

House rich: How to access the equity in your home

With property values continuing to increase in many parts of the country, many homeowners are looking for ways to...

House rich: How to access the equity in your home

Sponsored by Equitable Bank

Reverse mortgage vs HELOC: Deciding the best way to access the equity in your home

If you don’t have income, or suddenly face a job loss or emergency expense, it may be difficult to...

Reverse mortgage vs HELOC: Deciding the best way to access the equity in your home

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Sponsored by Equitable Bank

Myths and facts of reverse mortgages

Although there is growing interest in this financial product, which allows Canadians to borrow up to 55% of their...

Myths and facts of reverse mortgages

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