Enjoy Your Retirement To The Fullest

Your Ticket To Financial Security In Retirement!

At Natasha Bridgmohan & Team, we are committed to helping seniors make the most of their retirement years. That’s why we offer reverse mortgages, a financial tool designed to help homeowners aged 62 and older access the equity in their homes without having to make monthly payments. Our team of experienced professionals is dedicated to providing personalized guidance and support to ensure that our clients fully understand the benefits and risks of this unique service.

Natasha Bridgmohan
Today For All Your Mortgage Needs.

Bridgmohan (AMP)

Reverse Mortgage Quick-Facts and Features

Tax-Free Money:

The money you receive from a Canadian reverse mortgage is not considered taxable income, which means your Old Age Security (OAS) and Guaranteed Income Supplement (GIS) will not be affected.

Maintain Ownership of Your Home:

Contrary to common misconceptions, you will not lose ownership of your home with a Reverse Mortgage. You are not required to move out or sell your home to repay the loan. Instead, you simply need to keep your property in good condition and stay up to date with property taxes, fire insurance, and any maintenance fees while you continue to live there.

Use the Money However You Wish:

A reverse mortgage gives you the freedom to use the funds however you see fit. Whether you want to cover unexpected expenses, pay for medical bills, travel, help family members, upgrade your home, or simply enjoy your retirement, the choice is yours. The only requirement is that any outstanding loans secured by your home must be paid off with the proceeds from your Reverse Mortgage.

Keep Your Remaining Home Equity:

In most cases, homeowners have money left over when their reverse mortgage is repaid. On average, they keep 50% of the value of their home when it is sold.

Basic Qualifications:

To qualify for a Reverse Mortgage, you must be a Canadian homeowner who is 55 years of age or older. This age requirement applies to both you and your spouse. You can receive up to 55% of the value of your home, and no credit check, health assessment, or proof of income is needed. Your home must be your primary residence.

No Repayment Required While Living in Your Home:

With a reverse mortgage, you do not need to make regular mortgage payments while you or your spouse are living in your home. The full amount only becomes due when you and your spouse no longer reside in the home.

No Monthly Payments

With a reverse mortgage, borrowers are not required to make monthly payments. This can provide seniors with financial flexibility.

Flexible Payment Options

Borrowers can choose to receive their loan proceeds as a lump sum, a line of credit, or as monthly payments.

Retain Ownership of the Home

With a reverse mortgage, borrowers retain ownership of their home and can continue to live in the property as their primary residence.

Awards and Recognition

Let us help you make the most of your home's equity!


  • A residential mortgage is a loan that homeowners use to purchase a residential property, such as a house or a condominium. The borrower agrees to pay back the loan with interest over a set period of time, usually 15-30 years. The lender uses the property as collateral for the loan, which means that if the borrower fails to make payments, the lender can foreclose on the property.

  • Lenders consider several factors when determining whether to approve a mortgage application, including credit score, income, employment history, debt-to-income ratio, and the amount of the down payment. A good credit score, stable income, and a low debt-to-income ratio can increase your chances of getting approved for a mortgage.

  • A pre-approval for a mortgage is a preliminary evaluation by a lender of a borrower's creditworthiness, based on a thorough review of the borrower's financial history and credit report. A pre-approval usually involves a hard credit check and provides a more accurate estimate of how much a borrower can afford to borrow. A pre-qualification, on the other hand, is a less rigorous evaluation based on self-reported information provided by the borrower.

  • Some common mistakes to avoid when applying for a residential mortgage include applying for new credit before closing on the mortgage, making major purchases before closing, and neglecting to shop around for the best mortgage rates and terms. It's also important to review all mortgage documents carefully and ask questions if anything is unclear.

  • The time it takes to get a residential mortgage varies depending on the lender, the complexity of the loan, and the borrower's financial situation. Generally, the process can take anywhere from 30 to 60 days, but it can be shorter or longer depending on the circumstances.

Path To Financial Freedom In Retirement!

    *Disclaimer: This online booking submission is not a confirmed appointment; you will be contacted within 24 hours via email or telephone to confirm booking/appointment. New clients are eligible for a free consultation, while existing clients are not.