Let Me Guide You to Get the Best Reverse Mortgage in Ontario
Stay in the Home you Love. Get a Reverse Mortgage.
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No Monthly Payments
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Tax-Free Cash
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Flexible Repayment and Advance options
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Retain Ownership of your Home
What is a Reverse Mortgage and How Does it Work
It's a special type of mortgage loan that is secured against your existing principal residence.
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You'll be able to live in your home and will never be forced to move or sell your property if:
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you live in your principle residence for at least six months each year
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you maintain your residence in good order
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you remain current with your property tax payments
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you follow the loan terms
You can use a reverse mortgage for things like:
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improving cash flow
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paying for in-home care
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covering everyday expenses
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doing renovations to your home
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supporting your family and loved ones
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paying off debt
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living better
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Your reverse mortgage must be repaid when the last remaining homeowner leaves the home, which generally happens through sale of property where the proceeds are used to pay back the loan.
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As long as you meet the obligations of your mortgage, most lenders typically guarantee that you will never owe more than the fair market value of your property.
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You May Be Eligible If
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you are 55 years old or over
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you live in the major urban centres of Ontario, Quebec, British Columbia, or Alberta
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your home is your principal residence (you live there for at least six months of a calendar year)
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all title holders of the residence apply as joint borrowers (in ON, AB, BC)
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the residence is owner-occupied and not a secondary home or cottage
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your home is detached, semi-detached, condo, or townhome
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Eligibility, products, and criteria have recently changed to make it easier for you to secure a reverse mortgage.
The application process for a reverse mortgage is simple and easy to do. ​
Some of the Company We Keep
I'm not your typical mortgage agent and that's a good thing
Steven Himelfarb
Vice President of Sales
Mortgage Agent Level 2
(416) 450-3171
LIC# 12662
Stress-Free and Empowering
I work for you and not the banks or any other lender. I provide unbiased and trusted expert advice to help you get better results.
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I'm responsive, responsible, and professional
I'm fast....like super fast. I'm with you every step of the way until we get you approved.
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Best Rates
my Bank rates are even better than the Bank! My experience, relationships, and understanding on how to negotiate with the Banks, Monoline Lenders, Alternative Lenders and Private Lenders allow me to get you the best rate based on your unique situation.
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Be Confident
This industry and the market is always changing. You are coming to me because it is my job to know all the changes and how to structure and leverage them to your benefit and get you approved.
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Specializing in Private Mortgages and Alternative Lending
over 14 years of experience in getting mortgages approved in this space. It's what we specialize in. I have over 60+ private lenders that compete for your business which helps keep traditionally high rates and fees, low.
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Education and Experience
You aren't just getting a mortgage, as a mortgage professional I will teach you how to position yourself for wealth and beyond. I'm part of a top independent brokerage that has won several industry awards.
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Coverage
I've got a mortgage for that. Great credit, bad credit, self-employed, new to Canada...you name it, I've got you covered all over Ontario.
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Technologically Advanced
Everything is virtually digital. We speak, sign, and complete everything using digital platforms. Get a mortgage anywhere.
You Deserve A Better Mortgage. I Can Help.
