EQ Bank Reverse Mortgages Opiniones 

I recently completed a reverse mortgage with Equitable Bank. It is scheduled to fund on September 30th.

My underwriter, Patricia Finka and mortgage officer John Fernandez were over the top amazing to work with. Patricia is quick, efficient and knowledgeable. John was helpful and responded to my emails and phone calls immediately. The workflow was smooth and very fast. Top notch!
What a pleasure to work with Equitable Bank Reverse Mortgage Team!

Good! Glad I chose them, they make everything easy

I was so pleased when Equitable Bank expanded into rural areas. They have been so helpful and supportive in refinancing the reverse mortgage of my home. I would recommend Equitable Bank to anyone looking to Reverse Mortgage their home.
I had been with another reverse mortgage company and they had served me well until I had to refinance. So I can speak from experience and I truly would recommend Equitalble's reverse mortgage services.

Although there were some minor errors in the initial documentation, the mortgage went through as promised, on time and without major difficulties. Staff were friendly, helpful and knowledgeable.

Everything was fine except it seemed it was all done then something else came up. Never ending

I found them competent in legal-tax mortgage aspects in Vancouver.
No room for error!!!

I found thst the people I delt were very good, especially Mark.
I wasn't sure that the extea lawyer was necessary

The reverse mortgage is very helpful in the later years of life. As expenses continue to climb. When retiring one estimates the amount they would require to continue on living comfortable but unfortunately one has no control over the cost of living in the years to come and may find themselves in a financial struggle. As you age, changes in life expectancies due change to illness and family loss. Not wanting to be housed in retirement home, with the reverse mortgage allows one to maintain their homes in comfort. One of the most expensive items in you life is a home, having spent a lifetime of payments to a mortgage company it is a wonderful means getting back what you put into it before the day comes that you are no longer there...

The person which I forgot the name was extremely friendly and I had a great device from him and from Multi prêt

We are seniors 71 and 75 yes old.......
In the last few years we kind of got ourselves in a financial bind......I talked about a reverse mortgage w my husband and NO WAY WOULD HE GET A REVERSE MORTGAGE !!!!
However we were at a pool party last summer in Hamilton .........I did home daycare out of my house years ago and this pool party was some of my former charges.....
One of the fellas was a mortgage person so it happened that I asked him if he knew anything about reverse mortgages and he did and gave us the name of his father in law who does them......
We had a online interview with him......after ALL of the reasons my husband had about reverse mortgages......he listened and by the end of our appt he agreed...
I think knowing someone in reverse mortgages helped us.....Todd wouldn't screw us around.....

The worst part of it was we are not techy so face to face we would have liked better...
We were approved ..got OUR money... .they paid all out bills and the heaviest in my chest was gone... ... ... .

It takes a lot of paperwork, but the assistance from Sarita Free was great. The money was as promised and looking forward to a debtfree retirement.

Our contact Agnes was great to work with. She was easy to deal with and was transparent. Took a while to get it done but we liked the experience.

It was a pleasure dealing with Agnes Letkeman at the Equitable Bank. Agnes responded quickly and thoroughly to all of our questions and provided the information that we needed when we were unsure of something. I wouldn’t hesitate to call her if I needed any further clarification or questions.
Thanks Agnes for all of your help!

Barbara S.

Everything went smoothly with little difficulty and no surprises

The agent answered all of my questions, put me at ease to take a reverse mortgage I'm very satisfied with all the procedures I recommend Equitable Bank.

lots of red tape, and duplicating of paper work, some requirements didn't make sense.

ln June I am going to be 91 years old. I clicked on line, about reverse mortgages, and someone call me in a few days from Toronto.
When my son talked to his mtge broker , and was told they could do the same from their office in Burlington
As my husband and I bought our lot in 1950, built our house with cash, never got a mortgage for it
I decided to go for a reverse mortgage I am not in need of the money personally but with real estate values so high decided to place a reverse mortgage on my property, for inheritance purpose.
It was like swimming in mud for me with several hick=ups along the way. The interest fees on the large amount are quite shocking to me. Its like the mortgage Co. is sitting across from me with a gun on their lap. BUT it is not loaded

Sincerely June Bennett

Everything was very clear, and well explained. The financial projections showing the implications in different scenarios were clear. It was adaptable to our situation.