Unlock the Equity in Your Home with Confidence

Whether you're looking to enhance your retirement in your current home or planning to downsize to the perfect property, a Reverse Mortgage offers the financial freedom you deserve—with no monthly mortgage payments.

Schedule a Free Chat (289) 244-6578

Safe & Secure

Stay in Your Home

Jeremy Legg

Mortgage Agent

jeremy@jeremyleggmortgages.ca (289) 244-6578

License Information

M25002963 | FSRA: 13463

Associated with BRX Mortgages

How Can a Reverse Mortgage Help You?

Designed for homeowners 55 and older, a reverse mortgage allows you to access up to 55% of your home's value in tax-free cash.

On Your Existing Property

Stay in the home and neighborhood you love while unlocking the wealth you've built over the years. No monthly mortgage payments are required until you move or sell.

Pay off high-interest debt or an existing conventional mortgage
Fund home renovations or accessibility upgrades
Cover healthcare costs or in-home care services
Gift an early inheritance to children or grandchildren

For a New Purchase

Did you know you can use a reverse mortgage to buy a new home? It's the perfect tool for right-sizing your living situation without tying up all your cash.

Purchase a home better suited to your current lifestyle
Preserve your retirement savings and investments
Increase your purchasing power for the right property
Never worry about making a monthly mortgage payment

How Do Reverse Mortgages Actually Work?

Take a look at this quick visual guide to understand the mechanics of a reverse mortgage and how it securely unlocks your home's equity.

The Details & Requirements

We believe in full transparency. Here is exactly how a reverse mortgage operates, from qualification to repayment.

Thinking About Downsizing?

Moving to a smaller, more manageable home is a smart choice for many. Paired with a reverse mortgage for purchase, downsizing can dramatically improve your cash flow and quality of life.

Define Your Needs

Consider single-floor living, proximity to family, reduced maintenance, and access to healthcare or amenities.

Declutter Gradually

Start the sorting process early. Categorize items to keep, sell, donate, or give to family members to make the move less overwhelming.

Run the Numbers

We'll look at the sale of your current home and how a reverse mortgage can bridge the gap for your new home, leaving you with surplus cash in the bank.

Downsizing Scenario

Sell Current Home for: $900,000

Buy New Condo for: $700,000

Without a Reverse Mortgage:

You use $700k of your sale proceeds to buy in cash. You are left with $200,000 in the bank.

WITH a Reverse Mortgage Purchase:

You put down $350k (50%), and the reverse mortgage covers $350k. You have NO monthly payments.

Cash remaining in your bank: $550,000

*Numbers are for illustrative purposes. Actual limits depend on age, location, and property type.