Terms of use

If you use ReverseMortgageBarrie.ca, these terms apply to you. Dominion Lending Centres Homestead Financial owns this website. The brokerage holds mortgage brokerage licence #11711 from the Financial Services Regulatory Authority of Ontario. The website is not a separate brokerage.

Information, not advice

These pages describe how reverse mortgages and the alternatives generally work for homeowners in Barrie. Treat them as background, never as legal, tax or financial advice about your own case.

Every Canadian reverse mortgage lender requires you to get independent legal advice from your own lawyer before the mortgage closes.

Figures change

Rates, fees, Barrie home values and government programs all move. That's why every page lists its sources and the day its numbers were confirmed. In the end, the figure that matters is the one in the lender's commitment letter, which rests on its appraisal of your house.

Estimates aren't approvals

The calculator and the estimate form give rough figures. A mortgage is approved by a lender alone, once it has looked at your complete application.

Links to other websites

To let you check our numbers, pages point to outside sources such as the City of Barrie, the County of Simcoe, the Government of Ontario and the local real estate board, so you can check the figures yourself. Their owners, not the brokerage, are responsible for them.

Governing law

Ontario law, and the federal law of Canada as it applies in Ontario, governs these terms.