What is a reverse mortgage?

The reverse mortgage.

Save time and money to access your funds.

Now is the time for your investment to pay off. Xperto will offer you the retirement you've dreamed of, worry-free and tax-free.

Apply for your reverse mortgage now.

You can receive an income from your life's investment.

The equity you have in your home can also be used to reward yourself with the life you've always planned and hoped for. By using Xperto for your reverse mortgage, you will save time and money, and you'll get a loan designed exactly for you if you:

Plan to spend your retirement traveling more.
Making plans for a new project?
Want to treat your family more often?
Hoping to make a major purchase, like a car or a second home?
Have debts you'd like to pay off?
Just want to have a bigger financial cushion?

What is a CHIP reverse mortgage?

It's a tax-free solution to borrow against your home's equity. If you are a Canadian homeowner aged 55 or older, you can get up to 55% of your home's value, and without having to repay the loan as long as you remain the owner.

The money you borrow against your home's equity will not need to be repaid unless you move or sell, is tax-free, and the amount will never exceed the value of your home.

Get my reverse mortgage.

Features of the reverse mortgage.
Who is the reverse mortgage for?	Ordinary Canadian homeowners, aged 55 and older.
Duration of the loan period.	As long as you live in and own the property.
When are payments due?	Only when you move or sell the property.
Loan value.	Up to 55% of your home's appraised value.
What can you use the money for?	Anything. Travel, debt repayment, a car or a second home—the choice is yours!
How is the money paid out to you?	Either as a lump sum or in monthly installments—the choice is yours.
What fees are payable?	Administrative fees will apply for the closing of the sale, as well as legal and appraisal fees.

Benefits of a reverse mortgage.

The Xperto reverse mortgage offers Canadian homeowners a worry-free and tax-free way to free up funds to continue life's adventure. Many existing reverse mortgage holders have used theirs for:

Continue to live in their home and community in retirement.
Travel more than they ever could before
Buy a second home
Increase their monthly income
Renovate their property
Consolidate their debts
Cover medical expenses

Request your reverse mortgage

Real estate agents and customers enter into contracts with deposits for the purchase and sale of homes at the office.

Why choose Xperto for your reverse mortgage?

Recognized Experience and Expertise

With Xperto, you will work with our team of experienced mortgage brokers, some with over 30 years of industry experience. All our brokers are recognized and licensed by the AMF.

Tailored Solutions

Your reverse mortgage will be handled with unmatched expertise by a specialized broker. We believe that every person is different, and we adapt to your reality to ensure you get the best mortgage for your situation and plans.

Time Savings and Simplicity

You will avoid time-consuming research and comparisons by taking advantage of our relationships with banks that offer reverse mortgages. You will be matched with the loan that suits you best, finding the one that maximizes the value of your equity.

Transparency and Partnership

Our approach is one of complete transparency as we enter into a partnership with you. You will be more than just a client to us.

And then?

Reverse mortgages are available for Canadian residents aged 55 and over who own a property in a territory covered by a lending institution.

The amount you can access will depend on factors such as your age, the type of property, its condition, and the appraised value.

The interest rate will depend on current rates and may be higher than a standard mortgage.

Request your reverse mortgage