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Relationship between bond prices and interest rates - Finance \u0026 Capital Markets - Khan AcademyA reverse mortgage is a type of loan for homeowners, usually aged 55 or older. It allows you to borrow money from your home equity without selling your home. At present, the "Big 5" Canadian banks - RBC, BMO, CIBC, Scotiabank and TD do not offer a reverse mortgage loan. It is only offered by 3 lenders: Home Equity. A reverse mortgage is a loan that allows a homeowner to convert some of the equity in their home into cash without having to sell their home.
