Pay off mortgage and other debt
Cover unexpected costs like healthcare
Give a living inheritance to your kids
Enjoy retirement responsibly, stress free
Bloom helps you fund your retirement goals by releasing some of the wealth tied up in your home in a responsible and secure way.
Bloom Reverse Mortgage™
Our reverse mortgage allows Canadian homeowners 55+ to access up to 55% of their home’s value in tax free cash, without having to move or lose ownership of their home.Learn more
The revolutionary Bloom Home Equity Access Mastercard®.
Access funds locked in your home equity when and where you want with the innovative Bloom Mastercard®.Learn more
The best part of working with Bloom is we’re with you at every step, breaking down complex terms and helping you choose the best product for your unique needs.
We’re here for you; let’s talk.
Diane and Richard, Calgary
Get a quick online estimation of how much equity you could unlock using our calculator.Get an estimate
Access up to 55% of your home value
Proceeds are tax free.
No regular payments required
Making interest payments is up to you.
Maintain 100% ownership
Stay in the home you love.
Best financial institution
I normally don’t write reviews but I am extremely impressed with Bloom and especially Vishal. Vishal is truly a man with honor and integrity. He was honest and helped me through the whole process and also going above and beyond to get me the best financing amount and rates. If you are in the market for these services, I would highly recommend them, no need to look anywhere else.
Our Bloom agent made everything easy for us.
My family and I are grateful to Bloom for the opportunity of a reverse mortgage, received today, which is already making our lives more simple. Our Bloom agent made everything very easy for us, and we appreciate his impeccable care and trustworthiness.
A Company that Cares
I was surprised and pleased at the professionalism of Bloom Home Equity and the ease with which they made my transition into Reverse Mortgage
I would definitely recommend this company to anyone who is considering a mortgage
Good Experience with Bloom
The experience was quite stress free considering it was a big step for us. Bob was very responsive and helpful. There was a glitch with a government document which we couldn't solve ourselves and Bob took care of for us. With Bob's help and Bloom's system we were able to get it done online and in a timely fashion,
As a mortgage broker, when a client gives you a bottle of wine to say thanks... You know everyone involved did a great job and the product is the right option for the client.
Thanks to all the folks at Bloom…
Thanks to all the folks at Bloom Reverse Mortgage, you all have made our experience very positive and you have put us at ease through out the process. A special thanks to Kevin Song for going above and beyond to help us with no questions asked.
Best Financial InstitutionI normally don't write reviews but i am extremely impressed with Bloom and especially Vishal. Vishal is truly a man with honor and integrity. He was honest and helped me through the whole process and also going above and beyond to get me the best financing amount and rates. If you are in the market for these services, I would highly recommend them, no need to look anywhere else.
Great People, Great Product.Sarah was absolutely excellent to work with. I am a mortgage agent and this was my first time using Bloom's services for a client. Sarah was warm and personable, and provided first-class service and guidance. She was great at communicating and responding to my many messages and keeping me in the loop every step of the way. Bloom also offered the best available interest rate for this type of mortgage product.
I will definitely be returning to Bloom for my clients' needs in future.
Watch this short clip to see how Bloom helps 55+ Canadians find financial flexibility in retirement.
If you choose not to make interest payments, the mortgage balance will grow over time. But remember, you continue to own 100% of your home, and if your home’s value increases, this increase belongs to you. For this reason, most home equity release clients in Canada have had significant equity in their homes when it came time to repay.
Our Resources page has lots of information on the ins and outs of home equity release. But nothing beats a conversation. Click here to schedule an exploratory call with one of our Bloom Representatives, who can answer any questions you have and help you determine whether this could be the right solution for you.
Bloom currently operates across Ontario, Alberta, and British Columbia, and intends to expand to other Canadian provinces soon.
If you are an Ontario, Alberta, or British Columbia homeowner over the age of 55, there’s a good chance you’re eligible. Give us a call at 1-866-882-5666 and one of our Bloom Representatives can confirm.
It’s your home, your retirement, and your money. The wealth you unlock from your home is yours to do with what you wish. Some customers use their Bloom Reverse Mortgage proceeds to help support general expenses, give a living inheritance to their loved ones, fund home renovations, or pay for a dream vacation. But you’re in control.