Access $4 Million Equity with Fee-Free Reverse Mortgage & Private Lending in West Vancouver

Client: Veteran Home Builder, West Vancouver 

Property Value: $9,000,000 CAD 

Loan Amount: $4,000,000 CAD via Consolidated Reverse Mortgage Facility

Our client, a seasoned home builder, owned his $9 million West Vancouver residence outright after ten years of ownership. Needing $1 million to cover estate-related taxes and outstanding levies on top of an existing $3 million mortgage, his bank declined additional financing. A private lender offered a costly bridge loan at 11% interest plus 2% upfront fees, which he found prohibitive.

We recommended a reverse mortgage solution that consolidated his existing $3 million mortgage and advanced the additional $1 million into a single $4 million facility. Partnering with a Schedule I bank, we secured competitive terms at 6.75% interest, with zero lender or broker fees—only a modest one-time setup fee of $1,800.

With no monthly payments required, our client retained full occupancy of his home indefinitely and gained financial peace of mind. The entire process—from application to funding—was completed in under 30 days.

This case exemplifies how tailored reverse mortgage solutions can provide significant equity access, offering cost-effective liquidity alternatives for high-net-worth homeowners facing complex financial obligations.

Discover how we’ve helped clients secure the funding they needed by exploring our case studies. Visit our services page to see everything we can do for you.

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