Reverse mortgage | Equitable Bank

Hi Subscriber,

At Equitable Bank, we’re on a mission to challenge the status quo, which is why our sights are set on enhancing our reverse mortgage solutions—and your business. Check out what we’ve been up to…

Meet your improved reverse mortgage deals:
• Lowest reverse mortgage rates in Canada¹—don’t let your clients pay more!
• LTV up to 59%
• Premium broker compensation—200 bps up to $40,000² (*not* a limited-time offer)
• New referral options to help you close more deals
• Expanded lending areas in ON, BC, AB, and QC

Limited-time bonus! Close an eligible deal and you could win an 11-inch Apple iPad Pro and Apple AirPods Pro*

*Please see the full contest rules and entry details here

With our competitive rates, flexible advance options, renowned broker service, and more, we’re challenging what a reverse mortgage looks like for your clients—and for you.

Ready to close deals in 2022? We are! Contact your Equitable Bank Sales Representative. Not sure who that is? Reach out to one of our reverse mortgage team members today.

For ON:
Allan McNeil
Manager, Customer Success
and Growth
1-800-897-6564
[email protected]

For AB, BC, & QC:
Simone McMillan
Manager, Customer Success
and Growth
1-800-825-0573
[email protected]

¹Based on research conducted by Equitable Bank on September 16, 2021 comparing Equitable Bank’s Flex Lite and Flex Reverse Mortgages and the CHIP Reverse Mortgage offered by Home Equity Bank. The comparison is based on interest rates and prepayment charge terms for a $500,000 5-year fixed rate new reverse mortgage, assuming outstanding mortgage balance being paid in full on any one of the last business days of each calendar year during the term and no interest payments made before the prepayment date. Prepayment privileges not included.

²For deals >$2M in advanced principal, commissions and buy-down are reviewed on a case-by-case basis.

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