Stay in your home
Keep living in the home you know and retain ownership. There is no need to move.
Access your home equity without monthly payments
Reverse Mortgage Outlet helps Ontario homeowners 55+ access a reverse mortgage while keeping ownership of their home and the life they know.
- Anvar Islamov, Mortgage Broker, Licence #M16000859 · Mortgage Outlet Inc., FSRA Brokerage Licence #12628
- Consultations available in Russian
- Access to multiple reverse mortgage lenders
Why a reverse mortgage?
A simple way to turn built-up home equity into available funds without selling your home.
No monthly payments
Interest accrues on the balance, but payments are generally not due until the home is sold or you move.
Use funds your way
Use the money for debt repayment, renovations, family support, travel, or everyday expenses.
Preliminary estimate
Estimate how much you may be able to access
Enter your age, home value, and current mortgage for a useful starting point before a conversation.
A calm first step
Get a free consultation
Leave your details and we will call to discuss your situation calmly, with no obligation.
Multiple lenders — compared in one place
As an independent broker, we work with several lenders offering reverse mortgages in Ontario and help you compare options and terms.
HomeEquity Bank
CHIP Reverse Mortgage
Canada’s largest reverse mortgage bank. Available to homeowners aged 55+.
Equitable Bank
Flex Reverse Mortgage
A reverse mortgage program for homeowners 55+; terms depend on your situation and lender approval.
Home Trust
EquityAccess Reverse Mortgage
A lump sum or scheduled advances for homeowners 55+, with a Boost option for 70+ that can unlock more equity. Guarantee: you'll never owe more than your home's market value, provided the mortgage terms are met.
Bloom Financial
Bloom Reverse Mortgage
A digital solution for homeowners 55+ accessing home equity for their plans.
IC Savings
Term Reverse Mortgage
A 1–3 year bridge option for homeowners 60+ who plan to sell or move to a traditional reverse mortgage. No required payments during the term.
Costs and trade-offs: what to know before you decide
Reverse mortgage interest rates are generally higher than those on a conventional mortgage.
Your home equity shrinks over time: interest accrues on the loan balance, so the total amount owed grows.
Independent legal advice is required before closing — a lawyer not connected to us or to the lender must review the terms with you.
There may be other costs: a property appraisal, legal fees, and lender fees. Ask about them in advance.
It is an individual decision: whether this option suits you depends on your situation, age, home value, and plans.
Helping your parents decide?
Many of our clients first hear about us from their children. If your parents are considering a reverse mortgage, we're happy to speak with the whole family — in Russian for them, in English for you. We'll explain the costs, the alternatives, and what it means for the home and the estate, so everyone can make the decision together. You're welcome to join the consultation.
Book a family consultationRussian-language guide
Guide in Russian — English version coming soon.
A short Russian PDF guide to help you prepare for a conversation with a broker, lawyer, and lender. Get it free after sharing your contact details.
News
Worth knowing before you decide
October 1, 2026
Reverse mortgage vs. a regular mortgage: the difference in plain words
Read articleOctober 1, 2026
Helping children and grandchildren without selling your home
Read articleSeptember 20, 2026
Can you exit a reverse mortgage?
Read articleSeptember 17, 2026
A Retirement That Starts With a Mortgage
Read articleWhy the name Outlet?
The name reflects what we do: we are not one bank, but an independent access point to multiple Ontario reverse mortgage programs.
Multiple lenders, one point of access
We work with provincial financial institutions that offer reverse mortgages, so you are not limited to one bank.
Working with us means comparing offers from multiple available lenders. We tailor the solution to your situation, not one bank’s product.
Our team
About us
Reverse Mortgage Outlet is the reverse mortgage division of Mortgage Outlet Inc., helping Ontario homeowners 55+ access their home equity. We bring more than 15 years of experience in real estate finance. Based in Vaughan and serving the Greater Toronto Area, we offer consultations in Russian and English — clear, patient and with no pressure.
Find out how much you may be able to access
Every situation is unique. Contact us for a free, confidential, no-obligation consultation.
Book a consultation