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Review Counsel is affiliated with Mutual of Omaha Mortgage and Retirement Funding Solutions, and recommends them for their deep experience, customer service, and borrower reviews.

Equitable Bank

Review Counsel Rating

4.0 | ★ ★ ★

About Equitable Bank

Equitable Bank brings more than 50 years of experience to the mortgage industry in Canada. Equitable Bank originates reverse mortgage loans in all four provinces.

Equitable Bank offers reverse mortgages to Canadians in the following four provinces:

  • Alberta
  • British Columbia
  • Ontario
  • Quebec

Equitable Bank offers customers the option of receiving their funds as a one-time upfront payment or a large lump sum payment combined with another large sum later or regularly scheduled payments over time.

Equitable Bank Ratings

Customer Review PlatformRatings
Better Business Bureau (BBB)A+ Rating; 1.0/5 Stars with 6 Reviews
Trustpilot4.5/5 Stars with 76 Reviews

If you’ve received a reverse mortgage from Equitable Bank, we would love to hear about it! Please leave a review below.


Our Methodology

We independently identify reverse mortgage companies in Canada. The Canadian Reverse Mortgage companies are evaluated based on five factors that we believe are important for consumers: years in business, number of products offered, customer service availability, province licensing footprint, and Better Business Bureau (BBB) Ratings. Please find a full description of our rating system here.

This information is intended to be general and educational in nature and should not be construed as financial advice. Consult your financial advisor before implementing financial strategies for your retirement. 

Reviews last updated: 6/3/24. (Reviews are typically updated monthly.)

Rating last updated: 5/1/24. (Ratings are typically updated once per quarter.)

Address: 30 St. Clair Avenue West, Suite 700, Toronto, Ontario M4V 3A1

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