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For Professionals

Professional Resources: Reverse Mortgages in Canada

Specialized guidance for the three professional groups who most often encounter reverse mortgages in their practice — advisors, lawyers, and real estate agents.

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FAQ

Frequently Asked Questions

How do Canadian professionals typically work with a reverse mortgage broker?

Most financial advisors, estate lawyers, and real estate agents refer clients to a reverse mortgage broker on a co-referral basis. There is no fee to the client — the broker is paid by the lender on closing. The referring professional continues to own the overall client relationship, and the broker keeps them informed on the transaction. Advisors may also choose to co-plan alongside the broker when a reverse mortgage is integrated into a retirement income strategy.

Which professionals most often encounter reverse mortgages in Canada?

Financial advisors (who work with retired or near-retired clients on decumulation and cash-flow strategies), estate lawyers and notaries (who provide mandatory Independent Legal Advice, handle estate administration, and deal with Power of Attorney transactions), and real estate agents (who list properties where a reverse mortgage is registered on title — including estate sales after a borrower's death or a move to long-term care).

Does the Reverse Mortgage Centre offer referral or partnership arrangements with professionals?

Yes. We work with financial advisors, estate lawyers, accountants, and real estate agents across Canada on a co-referral basis. We keep referring professionals informed on client files, do not compete with their advice, and are available for practice briefings. Professionals interested in a referral relationship can contact us directly to start a conversation.

§ Professionals Licensed · FSRA #12728

Refer a client or brief your team.

Speak with a licensed reverse mortgage broker who works with four reverse mortgage lenders plus Fraction. We are happy to co-plan with you.

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