Two lenders in Canada offer reverse mortgages—and while their offerings are similar in many ways, there are key differences you should understand if you’re considering one. How much can you borrow? What rates do they charge? Can you pay back the loan at any time? Read on for answers.

Use this checklist to review all your options when your mortgage is up for renewal.

Consider these 8 things to help you pick a mortgage that’s right for you.

These products may seem similar, because they all give you access to the value that’s tied up in your home. But they are not the same, and each should be considered carefully.

Depending on your age, where you live currently and where you want to live in retirement, selling your home and moving into a condo may not put you as far ahead financially as you need to be.

Although there is growing interest in this financial product, which allows Canadians to borrow up to 55% of their home’s value, some misconceptions still persist. We’ve fact-checked the seven most common myths about reverse mortgages.