EQ Bank Reverse Mortgages Reviews 

161
•
TrustScore 4.5 uit 5

4,5

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Beoordeeld met 5 van de 5 sterren

stephenie caero was so helpful she was with me every step of the way.if i didnt understand something she was oinly a phone call away im 85 so patience on her part is a virture she aways took all the t... Toon meer

Beoordeeld met 5 van de 5 sterren

I had the pleasure of working with Glenda Neill on a reverse mortgage. She guided me from our initial conversation to finalizing. She was extremely knowledgeable and professional. I have never dealt... Toon meer

Beoordeeld met 4 van de 5 sterren

Pour commencer L'équipe de Dan Dilio a toujours été disponible pour nos questions. Le produit d'hypothèque inversée est mal compris dans l'ensemble de la clientèle et les outils supports nous aident à... Toon meer

Bedrijf heeft geantwoord

Beoordeeld met 5 van de 5 sterren

Definitely the best banking person I have encountered. Explains the process & guided me through all the steps, including some quite frustrating ones! Always encouraging, patient & understanding. Eve... Toon meer

Bedrijfsgegevens

  1. Financiële instelling
  2. ook in
  3. Bank
  4. Hypotheek

Over EQ Bank Reverse Mortgages

Geschreven door het bedrijf

Enjoy your hard-earned home equity in retirement, without having to sell or make monthly payments. Access your home equity in tax-free cash and stay in the home you love. Plus, we’ll beat any posted rates for comparable reverse mortgages.* Is your traditional mortgage weighing you down? Do you have high-interest debt? Or maybe you’re simply looking to free up cash flow to fund home renovations or help a loved one. Whatever your priorities, we can find a solution that works for you. Call us today to chat with one of our reverse mortgage specialists.

We’ll beat any posted rates for comparable reverse mortgages.*

Access your home equity in tax-free cash. Stay in the home you love with no monthly payments to worry about.

Is your traditional mortgage weighting you down? Do you have high-interest debt? Or maybe you’re simply looking to free up cash flow to fund home renovations or help a loved one. Whatever your priorities, we can find a solution that works for you.

Call us today to chat with one of our reverse mortgage specialists.

1-866-644-0802

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Contactgegevens

4,5

Uitstekend

TrustScore 4.5 uit 5

161 reviews

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4,5

Alle reviews

(161)

42 reviews in de afgelopen 12 maanden

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Beoordeeld met 5 van de 5 sterren

everything went well

15 augustus 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Dayle, we're happy to hear that everything went well! Thanks for the review!

Beoordeeld met 5 van de 5 sterren

Equitable Bank for all your financial needs

The entire process from beginning to end was explained to me and went off without any problems , a big thank you to Agnes Letkeman for her help and everyone that i dealt with . I highly recommend Equitable Bank.

17 augustus 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Mike, thanks for recommending us! We're glad Agnes and the team were able to help you though the process!

Beoordeeld met 5 van de 5 sterren

Fantastic underwriting and BDM team

Fantastic underwriting and BDM team. Very responsive and client centric.

15 oktober 2021
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Antwoord van EQ Bank Reverse Mortgages

Hi Richard, we're so glad to hear you had a positive interaction with our team! Thanks for leaving us a review!

Beoordeeld met 5 van de 5 sterren

I recently completed a reverse mortgage…

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!

26 augustus 2022
Review zonder uitnodiging
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Antwoord van EQ Bank Reverse Mortgages

Hi Sue, thank you so much for your lovely review! We're glad you had such a good experience with Patricia and John. We look forward to working with you in the future!

Beoordeeld met 5 van de 5 sterren

Good

Good! Glad I chose them, they make everything easy

25 augustus 2022
Review zonder uitnodiging
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Antwoord van EQ Bank Reverse Mortgages

Hi Hugo, thanks for the great review! We’re so glad that we can make life a little easier for you!

Beoordeeld met 5 van de 5 sterren

Thank you for expanding your coverage to Rural...

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.

19 augustus 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Wendy, thank you for recommending us! We’re delighted that we were able to support you through your refinancing process!

Beoordeeld met 4 van de 5 sterren

Although there were some minor errors…

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.

18 augustus 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Stephen, we’re happy to hear that our team was friendly, helpful, and knowledgeable throughout the process! Thanks for the great review!

Beoordeeld met 3 van de 5 sterren

Everything was fine except it seemed it…

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

18 augustus 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Lyla, thank you for the review. We are continuously working to improve our process and appreciate your feedback.

Beoordeeld met 5 van de 5 sterren

I found them competent in legal-tax…

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

20 juli 2022
Review zonder uitnodiging
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Antwoord van EQ Bank Reverse Mortgages

Hi Gordon, thanks for the great review! We strive for the best here at Equitable Bank!

Beoordeeld met 5 van de 5 sterren

I found that the people I delt were…

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

21 juni 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Patrica, we’re delighted to hear that you had a great experience with our team! Although we understand that obtaining independent legal advice (ILA) adds an extra step, this is important as it’s provided for your benefit to ensure you understand the terms and conditions of the reverse mortgage, are of sound mind and judgement, and that you are not being pressured to sign the mortgage documents. The lawyer providing you with ILA does not represent Equitable Bank or any other interested party. ILA is required to ensure you understand the legal aspects of the reverse mortgage, without any bias or prejudice. Thank you for the review!

Beoordeeld met 4 van de 5 sterren

Relief in the Golden Years

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...

18 juni 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Alan, we’re so happy that our reverse mortgage solution has allowed you to continue to enjoy your Golden Years in your own home. Thank you for the review!

Beoordeeld met 5 van de 5 sterren

Excellent service

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

16 juni 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Renald, we’re happy to hear that you had a great experience with our Equitable Bank Reverse Mortgage team! Thanks for taking the time to share your experience!

Beoordeeld met 5 van de 5 sterren

We are seniors 71 and 75 yes old.......

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... ... ... .

5 juni 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Richard, thank you for the positive feedback! We’re so happy that your financial concerns were alleviated with our reverse mortgage solution.

Beoordeeld met 5 van de 5 sterren

Very well organized

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.

20 april 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Adrie, thank you for the positive feedback! We're glad that you had a great experience with your broker and that everything was very well organized throughout the process. We look forward to the positive impact this product has on your retirement!

Beoordeeld met 5 van de 5 sterren

Our contact Agnes was great to work…

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.

19 april 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Timothy, we're delighted to hear that you had such a great experience working with Agnes! It's great to hear that she was easy to deal with and super transparent throughout the process. We'll be sure to share your kind words with her. Thank you for taking the time to share your experience with us!

Beoordeeld met 5 van de 5 sterren

It was a pleasure dealing with Agnes…

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.

29 maart 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Barbara, thanks for taking the time to share your experience with us! We’re super happy to hear that Agnes was able to support you every step of the way – we’ll be sure to share your kind words with her. Thank you for all the positive feedback!

Beoordeeld met 4 van de 5 sterren

Everything went smoothly with little…

Everything went smoothly with little difficulty and no surprises

17 maart 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Joseph, thank you for taking the time to leave us a review! We appreciate the positive feedback and are happy to hear that the entire process went smoothly for you.

Beoordeeld met 5 van de 5 sterren

The agent answered all of my questions

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.

16 maart 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Ronald, thank you for taking the time to post a review. We’re glad that our team was informative and made you feel at ease about your decision!

Beoordeeld met 3 van de 5 sterren

lots of red tape

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

16 maart 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi Jerald, thank you for the feedback. We’re continually working to improve and simplify our reverse mortgage closing process and are sorry yours wasn’t as smooth as it could be. We’ve passed these comments to the right team as we look to address these concerns for future closings.

Beoordeeld met 3 van de 5 sterren

ln June I am going to be 91 years old

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

16 maart 2022
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Antwoord van EQ Bank Reverse Mortgages

Hi June, thank you for taking the time to share your experience with us. We’re sorry to hear that there were hiccups during the process. We take pride in consistently offering the lowest reverse mortgage rates in Canada. We offer tools on our website for both mortgage brokers and clients, which provide detailed financial illustrations that help give a better understanding of how our product works. If we can help you access these or answer any questions, please don’t hesitate to contact us.

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