Legal
Disclaimer
This site gives educational estimates about reverse mortgages and their alternatives. It is not a loan offer, a recommendation, or financial, legal or tax advice.
Educational estimate only, not financial, mortgage, tax or legal advice. Lenders, insurers and governments set their own rules and can change them; confirm with a licensed professional before you decide.
- We are not affiliated with HomeEquity Bank, Equitable Bank or any other lender named on this site, and we receive nothing from them.
- The maximum you can borrow is set by the lender after an appraisal. Our age-based estimate is a planning aid, not a quote.
- Projections assume one interest rate and one rate of house-price growth for decades. Real rates reset at each renewal, and prices can fall.
- Every Canadian reverse-mortgage lender requires independent legal advice before you sign. Use that meeting: our questions for your lawyer are a starting point.