$831K Reverse Mortgage in Delta BC Supports Retired Executive’s Education and Estate Planning Goals

Client: Retired Executive, Delta Beach Drive 

Property Value: $2,000,000 CAD 

Loan Amount: $831,000 CAD via Reverse Mortgage Facility

In this case, a long-time homeowner and retired executive in Delta sought to unlock the value of his $2 million principal residence. His goal was to meet rising education expenses for his children and initiate estate planning. However, with no active income, he was declined by a traditional lender—prompting the need for a no income mortgage solution.

We structured a reverse mortgage in Delta BC through a Schedule I lender, securing $831,000 at a fixed rate of 5.99%—with no broker or lender fees, maximizing the homeowner’s available equity.

This home equity reverse mortgage was approved and funded within 30 days and enabled the client to preserve retirement savings while investing in his family's future. With no monthly mortgage payments, ownership was retained, and liquidity was created for strategic purposes.

This reverse mortgage for education expenses and long-term legacy planning illustrates how reverse mortgage financing can offer elegant, non-traditional lending solutions for high-net-worth individuals. In cases where traditional banks fall short, we deliver strategic liquidity solutions that help clients transform home equity into long-term financial empowerment.

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.

Ready to take the next step?

Fill out our application form or reach out to us directly, and one of our expert mortgage brokers will work with you to create a financing plan designed to achieve your goals.