Unlock the Power of Your Home’s Equity with a Reverse Mortgage
Are you 55 or older and looking for a way to unlock your home’s equity while still living in it? A reverse mortgage in Canada could be the perfect solution. At Genesis Group, we specialize in helping homeowners like you achieve financial freedom with tailored reverse mortgage options. Whether you’re planning for retirement, covering unexpected expenses, or simply improving your cash flow, our award-winning team is here to guide you every step of the way.
Key Benefits of a Reverse Mortgage with Genesis Group
- 🏠 Stay in Your Home: Access your home’s equity without having to sell or move.
- 💵 Tax-Free Funds: The money you receive is tax-free and can be used for anything you need.
- 🔒 Flexible Payment Options: Choose how and when to repay the loan, with no mandatory monthly payments.
- 🤝 Trusted Expertise: Work with our experienced team to find the best solution tailored to your needs.
- 📈 Preserve Investments: Use your home equity to avoid cashing out investments during market downturns.
How It Works (Step-by-Step Guide)
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Book a Free Consultation:
Speak with one of our experts to determine if a reverse mortgage is the right option for you. -
Determine Your Eligibility:
Provide basic details such as your age, home value, and mortgage balance. -
Explore Your Options:
Receive personalized reverse mortgage options tailored to your financial goals. -
Unlock Your Equity:
Access funds quickly and begin enjoying financial peace of mind.
Reverse Mortgage Calculator
Reverse mortgages are one of the most searched mortgage products in Canada, especially for homeowners aged 55 or older. Use our step-by-step calculator below to see how much tax-free cash you could access from your home’s equity.
- Step 1: Enter your home details (e.g., property value, outstanding mortgage, and your age).
- Step 2: Adjust the fields to explore different loan options and see your potential loan-to-value (LTV) range.
- Step 3: Review how much tax-free cash might be available to you through a reverse mortgage in Canada.
Your Estimated Loan Amount
Note: This is an estimate based on typical reverse mortgage loan-to-value (LTV) ranges in Canada. Exact amounts may vary depending on your location, lender criteria, and other factors.
Please enter valid inputs and ensure your age is 55 or older.
Why Choose Genesis Group for Your Reverse Mortgage Needs?
- Award-Winning Expertise: Our team has a proven track record of helping homeowners achieve their financial goals.
- Comprehensive Guidance: We simplify the process, ensuring you understand all your options.
- Canada-Wide Solutions: No matter where you live in Canada, we’ve got you covered.
- Transparent Service: No hidden fees or surprises—just honest advice and support.
For more information on reverse mortgages, visit the Government of Canada’s Senior Home Equity Guide.
Discover the Key Benefits of Choosing Mortgage Purchase
with Genesis Group.
⭐⭐⭐⭐⭐ Experience Guaranteed
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Had a great experience dealing with Brittney. Fantastic communication and really worked for me and my needs. Will never go anywhere else for my financial needs
11/13/2024The Genesis Group exceeded my expectations! Purchasing an investment can be a scary process especially during this unprecedented time. I had the pleasure of working with Kirk and his assistant... read more Deidre, their level of excellence and commitment will have me returning in the future to build on my real estate portfolio. The office is beautifully located in the town of Ajax and surprisingly they were available after hours to answer any questions. They had full dedication and commitment to my file, I felt prioritized! The online portal to submit and sign documents was user friendly and helped to expedite the process. They did everything on my behalf to ensure a successful closing, allowing for me to continue on with my busy schedule. I recommend The Genesis Group for all your investment needs. Kirk goes above and beyond for his clients. Thank you to the entire team for all the help with closing my deal.
01/13/2023My partner and I have been in our first home for over a month now and we cannot thank Kirk and The Genesis Team enough! Kirk was patient, professional, supportive,... read more informative, and honest with us throughout the whole process. We were extremely scared to dip our toes into the current housing market, but he took the time to address our concerns, go over our expectations and after only meeting us once, he was committed to us, our journey and getting us the very best rate that he could. We were blessed to have Kirk in our corner when we quickly found a home that we fell in love with. With his expertise we were able to see our dream as homeowners come to light. Thank you so much for all your help, Kirk! There are so many great things we could say about you and your team, but we want you to know that your positivity and passion for what you do is appreciated and admired. We look forward to working with you again as our family continues to grow over the next couple of years.
01/13/2023 -
Was a great experience working with Kirk and his team. They not only helped me refinance my mortgage on my house, they also assisted me in a commercial business acquisition.... read more Without their assistance and guidance, I wouldn't have been able to buy the business and help me achieve my financial goals. I would recommend Kirk and the Genesis Team, if you require any type of financing, be it for residential or commercial needs reach out to them.
02/21/2024From the very first meeting to the joyous moment of receiving my keys, The Genesis Group, under the astute leadership of Kirk Bryan, has been nothing short of spectacular in... read more securing my first mortgage. Navigating through the home-buying process can be daunting for a first-timer, but Kirk and his dedicated team, including the remarkable Cshandrika Bryan and the diligent Hope Spence, provided me with the guidance, confidence, and support I needed. The Bryan team is well-versed in the complexities of the mortgage process and operates with a level of professionalism and personal attention that is rare in the industry. Cshandrika's expertise and proactive communication meant that I was never left in the dark, while Hope's tenacity ensured that we secured a deal that was not only favorable but also well ahead of the closing date, which is a testament to their commitment and efficiency. What I appreciated most was their personal touch; they treated my first home purchase with the significance it deserved, celebrating each milestone and navigating every challenge with a solution-oriented mindset. I am truly impressed by the personalized strategies and genuine care that The Genesis Group provided. To anyone stepping into the home-buying arena, I cannot recommend The Genesis Group enough. They are not just a team that helps you cross the 'finish line'; they are your steadfast partners in turning the dream of homeownership into a reality. Thank you, Kirk, Cshandrika, and Hope, for your impeccable service and for making this journey so memorable. I look forward to working with you again in the future!
01/13/2024If getting a mortgage was an Olympic sport, these guys would take gold—blindfolded, on a unicycle, while juggling flaming swords. They made the process so smooth, I was half convinced... read more they were magicians. Highly recommend if you like your mortgages fast and your brokers witty! Special shoutout to Kirk the CEO and Brittney, they came back to me with the lowest rates and a heap of knowledge to guide me through. Definitely the best in the business!
09/13/2024 -
My husband and I had used Kirk and his team upon closing a deal on our home. We couldn’t be more happy with everything Kirk and Brittney have done for... read more us. They made the process so smooth and we would recommend them again and again. The level of professionalism and help that they gave us was unmatched! 10/10
11/13/2024Could not say enough about The Genesis Group. The level of dedication, professionalism, and knowledge is unmatched. When dealing with such a big life decision like buying a house -... read more I wouldn't trust anyone else to give me truth, detailed research, and industry knowledge/trends than Brittney. She made me feel comfortable, empowered, and completely in control. If you're searching for a mortgage or loan, the only name I would suggest is Genesis Group. You immediately feel like family and I can not say enough fantastic things about them. Thank you Brittney and team.
11/13/2024I had a great experience with The Genesis Group. The process was smooth, with clear communication and competitive rates. Their team was responsive and helpful throughout. Highly recommend!
09/13/2024
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Frequently Asked Questions
What is a reverse mortgage?
A reverse mortgage allows homeowners aged 55 and older to access a portion of their home’s equity without selling their property.
Who qualifies for a reverse mortgage in Canada?
Canadian homeowners aged 55+ with significant home equity are eligible for a reverse mortgage.
How much equity can I access with a reverse mortgage?
You can typically access up to 55% of your home’s value, depending on factors like your age and property location.
Are reverse mortgage funds taxable?
No, the funds you receive from a reverse mortgage are tax-free.
What are the repayment terms for a reverse mortgage?
There are no mandatory monthly payments. The loan is repaid when you sell your home, move, or pass away.
What happens to my home’s ownership with a reverse mortgage?
You retain full ownership of your home with a reverse mortgage.
How can I get started with Genesis Group?
Simply book a free consultation with our team to explore your options and begin the process.