Not 55 yet?
The reverse mortgage's younger cousin.
Reverse mortgages start at 55. Below that, an all-ages private equity-release product does the same core job for a limited time: your equity out, payments paused for up to five years, repaid when you sell or refinance — on your schedule, with no prepayment penalties in BC, Ontario, and Alberta.
How it works
Equity-based, not age-based
Approval rests on the property and your equity in it — not your age, income, or credit. That's why it works when a reverse mortgage's 55+ rule (or its guidelines) shut the door.
Payments pause, interest accrues
Just like its older cousin: no payments for up to five years, while the interest is added to the balance instead of billed to you each month.
A bridge, not a lifetime
The exit is a sale or a refinance on your schedule, within the term — with no prepayment penalties in BC, Ontario, and Alberta. It buys breathing room, not forever.
Terms vary by lender and property, and private pricing runs higher than bank pricing — that's the honest trade for skipping the income qualifying and the payments. We model the accrued balance against your exit before you sign, in writing, the same way we do for every reverse file.
When it's the right bridge
- You're under 55, equity-rich, and need the payment pressure off now
- A life event — separation, illness, a business gap — needs time to resolve without selling in a hurry
- You're outside reverse-mortgage guidelines and still want equity without a monthly payment
- There's a clear exit: a sale, an inheritance, a recovery, a refinance once income restarts
And when it isn't
If there's no realistic exit — no sale, no refinance, no income recovery on the horizon — pausing payments just delays a harder conversation while the balance grows. We'll say that plainly, and help you find the option that actually resolves things. If your income can carry a HELOC or refinance today, that's usually cheaper, and we'll show you that math first.
Under 55 and equity-rich?
Tell us the property, what you owe, and what the next five years look like. We'll map the equity-release option against every alternative and put the recommendation in writing.
Prefer to learn first? Join a free live webinar.