Canadian Reverse Mortgage Resources

Horizon Equity offers Reverse Mortgages in Canada for seniors 55 or over that own their own home. Unlock up to 50% of the equity in your Canadian home with a reverse mortgage. Gain financial freedom today!

Are you one of the many Canadians who did not make a contribution to your RRSP ahead of the March 1 deadline? Is it because you are bogged down by other debt, perhaps a hefty mortgage?

It's no secret that many Canadians are heading toward retirement without much money in the bank. In a recent survey of 1,500 Canadians aged 50-plus by the non-profit Investor Education Fund, only two in 10 households said they would have more than $250,000 saved for their retirement.

Judging from news coverage, the two personal finance issues which are top of mind for Canadians right now (aside from the amount of debt held by Canadian families) are the state and future direction of the Canadian real estate market and the extent to which Canadians are saving adequately for retirement.

Toronto, ON, February 25, 2013 - According to a new survey conducted for the Investor Education Fund, Canadians are not saving enough for retirement, and half believe they will run out of their retirement savings in the first 10 years of retirement.

What is a Canadian Reverse Mortgage? A reverse mortgage is a financial tool that provides Canadian seniors 55 and up with cash flow from the equity in their homes. In general, no payments are expected to be made on a reverse mortgage until the home is sold. Am I eligible?

Canadian seniors can use our simple online application to obtain a Reverse Mortgage estimate. Learn what loan amount you qualify for based on your age and home value. Apply for financial freedom today!