City Guide

Reverse Mortgages in Regina

City-level context for Regina homeowners exploring reverse mortgages in Saskatchewan.

Lender availability in Regina

Available providers: CHIP, Bloom, Fraction.

Typical home-value context: Typically $300,000-$500,000 for owner-occupied homes.

City-specific planning notes

  • Regina is primarily a CHIP market among regulated reverse mortgage lenders.
  • Bloom and Fraction may offer alternatives depending on property type and borrowing goals.
  • Lower home values mean draw amounts depend heavily on borrower age and LTV band.

Estimate for your situation

Regina borrowers should compare CHIP against Bloom and Fraction given the limited lender count.

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