lwright@xeva.ca
What is a Reverse Mortgage?
Utilize the accumulated value of your primary asset—your home equity — to create a tax-free, dependable system of wealth creation and retirement stability, with no monthly payments required.
 
In simple terms: use the equity in your home to provide tax-free cash through a reverse mortgage in British Columbia designed for Canadian homeowners aged 55 and over.
Leagh Wright, BGS 
Your BC Reverse Mortgage Specialist
With an extensive background in systems, I ensure exceptional service with quality assurance. I understand the importance of financial literacy, retirement planning, and transparent communication. As a trusted reverse mortgage advisor serving families in Vancouver and surrounding BC communities, I help homeowners unlock equity to enhance their long-term financial freedom.
 
Benefits of a Reverse Mortgage in British Columbia:
  • Access equity from your property while remaining in your home
  • Strengthen retirement cash, financial security, and maintain independence
  • Support your family with unique home-ownership opportunities
Kelowna: February 7-8
Port Alberni: February 28 - March 1
Vernon: March 21-22
Comox: April 17-19
Campbell River: May 2-3
Parksville: May 9-10
Cowichan: May 23-24
 
 
Meet Leagh at the upcoming Spring 2026 Home Shows in Your Area
"Leagh is an absolute pleasure to be around and is always on top of everything. Extremely hard working, she goes above and beyond to ensure her clients and those she works with are well taken care of. I would definitely recommend her if you're looking for a mortgage!"
Reid
Access money from your home without downsizing or moving out
Take control of your day-to-day expenses
Help family to buy a property
Contact Leagh Wright, BGS:
604-767-0691
lwright@xeva.ca

We are based in Vancouver, BC

Lets get in touch!

Homeowners aged 55 and older can access their home’s equity as tax-free cash, with no monthly payments required. When you move, sell, or pass away, the balance is settled from the proceeds of the home sale. A reverse mortgage allows BC homeowners to stay in their homes longer, maintain comfort, and supplement retirement income tax-free.

3 options are available: 1. Standard: One-time cash advance at the approved rate — tax-free. 2. Intermediate: Access funds as a lump sum or scheduled payments — tax-free. 3. Advanced: For homeowners aged 70 +, higher eligibility amounts — tax-free, flexible access.

It’s simple: 1. 55 or older. 2.Valid home insurance. 3. Maintained the property

Typically, eligible homeowners can unlock between 20% and 55% of their appraised home value. The amount depends on property type, location (e.g., Vancouver, Victoria, Kelowna, Kamloops), and the youngest homeowner’s age.

Yes, you retain full ownership. The lender places a lien on your property, which is repaid only when you sell. Your home remains entirely in your name throughout the process.

No. Reverse mortgage funds are tax-free and do not affect your OAS or GIS government benefits. Enjoy the freedom of accessing home equity without reducing your income eligibility.

Yes, you can use your funds however you choose: ● Travel, lifestyle, or health-related expenses ● Home renovations or upgrades ● Debt consolidation ● Helping family or gifting a living inheritance

If you move or sell your home, the reverse mortgage (including interest) must be repaid in full. Any remaining equity is yours to keep.

Yes. Your heirs can keep your home by paying off the reverse mortgage, or they can sell and retain the remaining proceeds after repayment.

Yes. Standard fees include a home appraisal, independent legal advice, and loan setup. These can be paid up front or deducted from your loan advance.