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A website of Dominion Lending Centres Homestead Financial · Independently Owned and Operated · Brokerage Licence #11711

OakvilleReverseMortgage.ca

Free tool, about 2 minutes

Reverse Mortgage Assessment: A 9-Question Fit Check

This free reverse mortgage assessment asks nine plain questions about you and your Oakville home. Your result is one of three: a good match on paper, worth comparing first, or not the right fit right now, with the reasons behind it.

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Your free estimate: No cost · No credit check · No sales pressure.

Question 1

1. Who is the youngest person whose name is on the deed, and how old are they?

Question 2

2. Do you sleep in this Oakville house for at least half the year?

Question 3

3. Which best describes the property?

Question 4

4. Looking ahead, how many more years do you picture living here?

Question 5

5. Roughly how much is still owing against the house?

Question 6

6. What is the money mainly for?

Question 7

7. If a bank lent you the money, could your pension or income carry a monthly payment?

Question 8

8. How much does passing the whole house value to your children matter to you?

Question 9

9. Is your Town of Oakville tax account and home insurance current?

About this fit check

What does the result mean?

It sorts your answers into one of three groups: a likely match, a case for comparing other loans first, or a reason it cannot work yet. Treat it as a first read, not personal advice.

Does anyone see your answers?

No. They never leave your own screen, and closing the page clears them.