Rates

HOME / LIVE RATES & COMPARISON

Every rate.
Every lender.
Nothing hidden. 

We publish the current rates from all four reverse mortgage lenders in Canada — including setup fees and term options banks won't show you side by side.

5

products compared for every client — including the HELOC option no lender will mention.

BC + AB

specialized market knowledge: not a national call centre generalist.

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cost to you for our advice: lenders pay us, regardless of who you choose.

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How the products actually compare?

Here's what you'd have to make four separate phone calls to find out.
We give it to you in one place.

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TERM
OPTIONS

Current rate

Type

Max
LTV

FUNDS ON DEMAND

SETUP fees

Home Equity Bank

CHIP Reverse Mortgage

5-year

6.39%

Fixed

55%

Partial

~$2,095–$2,295

Appraisal $300–$500 · Closing & admin $1,795

Equitable Bank

Flex Reverse Mortgage

5-year

6.28%

Rate match

Fixed

55%

Yes

~$1,995–$2,495

Appraisal $300–$500 · Set-up $995 + legal

Bloom Finance

Reverse Mortgage

5-year

6.33%

Fixed

55%

Mastercard

$2,300 flat

Processing $1,650 · Appraisal $350 · ILA $300

Home Trust

EquityAccess

5-year

6.23%

Lowest

Fixed

59%

Yes

~$1,795–$2,595

Appraisal - $300–$500
Legal $995 · Admin $500

HELOC Pre-retirement

Major Canadian banks

Open

Prime
+0.5%

Variable

65–80%

Yes

~$500–$1,200

Lower fees · income & credit required

TERM
OPTIONS

Current rate

Type

Max
LTV

FUNDS ON DEMAND

SETUP fees

Home Equity Bank

CHIP Reverse Mortgage

5-year

6.39%

Fixed

55%

Partial

~$2,095–$2,295

Appraisal $300–$500 · Closing & admin $1,795

Equitable Bank

Flex Reverse Mortgage

5-year

6.28%

Rate match

Fixed

55%

Yes

~$1,995–$2,495

Appraisal $300–$500 · Set-up $995 + legal

Bloom Finance

Reverse Mortgage

5-year

6.33%

Fixed

55%

Mastercard

$2,300 flat

Processing $1,650 · Appraisal $350 · ILA $300

Home Trust

EquityAccess

5-year

6.23%

Lowest

Fixed

59%

Yes

~$1,795–$2,595

Appraisal - $300–$500
Legal $995 · Admin $500

HELOC Pre-retirement

Major Canadian banks

Open

Prime
+0.5%

Variable

65–80%

Yes

~$500–$1,200

Lower fees · income & credit required

Not sure which term is right for you?

Our free 30-minute retirement equity review will walk you through exactly which structure fits your situation — with no obligation and no product to push.

Green highlight = lowest 5-year fixed rate among the four lenders · Rates are indicative, for standard products at new origination, and subject to lender approval · Last reviewed July 29, 2026
* Rates are subject to change

READY TO MOVE FROM COMPARING TO DECIDING?

Rates are one piece.

Your situation is the whole picture.

In a 30-minute retirement equity review, we map your income, your goals, and your property — and tell you exactly which lender and which term wins for you specifically.

No generic advice. No pressure. Just a comprehensive summary of your situation