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← Bloom FinancePublished mortgage product

Home Equity Release Mortgage — 1 Year Fixed

Published rate6.94%

Bloom Finance · 1-year term

Mortgage type
Reverse Mortgage
Term
1-year term
Mortgage position
First
Region in source
Ontario
Published conditions
Home equity release mortgage · selected locations · age and credit criteria apply
Maximum loan-to-value
55% — the mortgage as a share of property value
Fees
$2,300 estimated upfront fees · 7.17% APR
Pricing effective
Sep 2, 2026
Last verified
Oct 26, 2026