reverse mortgage

Bloom Financial home equity prepaid MasterCard

Bloom unveils new home equity prepaid Mastercard as novel way for seniors to fund retirement

March 14, 2024 3 Comments

A first-of-its-kind product by Toronto-based Bloom Financial is offering an innovative solution for seniors struggling to fund their retirement in the face of rising costs.

HEB advertorial-February-Reverse mortgages for Canadians

Financial freedom for Canadians 55+: HomeEquity Bank boosts CHIP Reverse Mortgage support for the broker channel

January 30, 2024 No Comments

HomeEquity Bank is steadfastly committed to providing older Canadians with the means to enjoy their retirement years with greater confidence by enhancing our efforts to collaborate with the mortgage broker channel.

Why I reversed my thoughts on reverse mortgages

October 12, 2023 No Comments

Reverse mortgages have long been a financial product shrouded in misconception, both for consumers and financial mortgage professionals.

Grow your business: Broker Launchpad gives you the tools you need to succeed

June 5, 2023 No Comments

In today’s challenging economic climate, it’s more important than ever to stay top of mind with clients to expand your reach and grow your business.

Is the CHIP Reverse Mortgage in your lending portfolio? Here’s why it should be

May 31, 2023 1 Comment

To continue growing their business, savvy brokers will need to expand their product offerings and offer lending solutions that meet their clients’ changing needs. The CHIP Reverse Mortgage by HomeEquity Bank is a solution that is tailor-made for the shifting economic climate.

Reverse mortgages are booming amid Canada’s turbulent rate environment

January 30, 2023 No Comments

High rates haven’t stopped Canadians from tapping their home equity by way of reverse mortgages.

More Seniors to Rely on Home Equity as Part of Retirement Planning

June 1, 2021 No Comments

Almost 8 in 10 Canadians over the age of 55 believe they can’t rely on registered savings and pension plans alone to support a comfortable

Latest in Mortgage News: 2.5 Years for Home Prices to Make New Highs, Says CMHC

May 31, 2020 No Comments

Canada’s housing sector indicators, including prices, sales and home starts, aren’t expected to return to pre-COVID levels until at least the end of 2022, according

business leaving residential mortgage space

The Latest in Mortgage News: iA Exits the Residential Mortgage Market

September 18, 2019 No Comments

After nearly 50 years of providing residential mortgages to Canadians, Industrial Alliance Financial Group announced its exit from the space this month. “This is a

Equitable Casts Giant Reverse Mortgage Lure for Brokers

October 19, 2018 2 Comments

What do you do when your competition has a 32-year head start? If you’re Equitable Bank, you pay brokers 150% more than normal. That’s the