Equitable
Banking
Reverse mortgages
We'll beat any reverse mortgage rate posted in your area*
Ready to talk to an advisor?
1-866-576-0374
Retain ownership of the home you love
Get the most out of your home and never owe more than it's worth when you fulfill your mortgage obligations.
Get an estimate
Access funds from your home's equity
You could pay off debt, cover daily expenses, home renovations, medical bills, in-home care, or help a relative with their down payment.
Types of advances
Flexible advances that meet your needs
Receive your tax-free funds as a lump sum or over time. Plus, no monthly mortgage payments are required.
Types of advancesExplore the benefits of our reverse mortgage
Build on your memories without losing old ones
Access funds from your home equity without downsizing or losing your family home.
Reap the benefits of your hard-earned investment
Don't let your home's wealth go to waste – enjoy the financial flexibility to build a living legacy that can be shared with your family now rather than later.
Take control of day-to-day cash flow
Access our online portal for effortless, real-time management and make optional interest payments on your reverse mortgage from the comfort of your home or on the go.
How can you make the most out your home's equity?
Pay off existing mortgage or other debt
Supplement your income
Complete home renovations
Cover medical expenses and in-home care
Help a family member with their down payment or education
Enjoy trips and experiences with your family
Curious to learn more about how a reverse mortgage works at EIB? We've simplified the funding process for you in our step-by-step guide.
Download guidePut your home's wealth to work for you
Why work for life when your house can work for you? Leverage your home equity for financial peace of mind, whether you're working or retired.
Brighter retirement, lower rates
Feel confident about your choice. We'll beat any posted rates for comparable reverse mortgages*.
Reverse mortgage rates
Your home, your terms
Life happens—that's why our prepayment options are designed to help you adapt as your needs change.
Repayment process
Stay connected to your finances
Access our online portal for effortless, real-time management and make optional interest payments on your reverse mortgage from the comfort of your home or on the go.
Get started todayWhat our clients say
"Everything was very clear, and well explained. The financial projections showing the implications in different scenarios were clear. It was adaptable to our situation."
Over 50 years of reliability and trust
As a wholly owned subsidiary of TSX-listed EQB Inc., we've proudly served more than 700,000 Canadians since 1970. Give us a call for a free, no obligation 1-on-1 consultation for more information.