EDMONTON, AB - Legacy Mortgage Group, a Western Canadian brokerage serving homeowners since 2019, has launched Legacy Unlocked, a new division dedicated to helping Canadians aged 55+ unlock their home equity through trusted, education-first reverse mortgage solutions.
As Canada’s population ages, more seniors are seeking financial flexibility without leaving the homes they love. Legacy Unlocked was created to meet this growing need - offering secure, transparent reverse mortgage options that allow eligible homeowners to access up to 55% of their home’s value with no monthly mortgage payments required. The loan is repaid only when the home is sold or the homeowner moves.
“Many Canadian seniors are asset-rich but cash-poor,” said Sundeep Randhawa, Co-Founder of Legacy Mortgage Group. “Legacy Unlocked provides clarity and confidence by helping seniors make informed choices that support independence, dignity, and peace of mind in retirement.”
Recent data shows that more than 43% of Canadian retirees worry about outliving their retirement savings (RBC, 2024). Many seniors feel they must sell their homes to access equity, turning to downsizing or renting. Legacy Unlocked offers an alternative: a reverse mortgage allows seniors to stay in their homes while accessing the cash tied up in their equity. As a division of Legacy Mortgage Group, Legacy Unlocked provides reverse mortgage education and solutions for seniors throughout Alberta and BC.
How Legacy Unlocked's Reverse Mortgage Process Works in Alberta and BC
Legacy Unlocked makes it simple for Canadians aged 55+ to access their home’s equity without selling or making monthly mortgage payments. The process begins with a personalized consultation where advisors review goals - such as supplementing retirement income or covering healthcare costs - and explain how a reverse mortgage works. After a quick application and home appraisal, eligible homeowners can unlock up to 55% of their home’s value, with repayment only required when they sell or move.
Throughout the process, Legacy Unlocked provides clear guidance and educational tools through its online Knowledge Vault, offering reverse mortgages that empower seniors and help homeowners fully understand their options and feel confident every step of the way.
About Legacy Mortgage Group
Founded in 2019 by Sundeep Randhawa and Leo Orellana-Molina, Legacy Mortgage Group is a full-service mortgage brokerage serving residential and commercial clients across Alberta and British Columbia. With offices in Edmonton, Calgary, and Surrey, Legacy Mortgage Group provides mortgage solutions for homeowners throughout Western Canada. Legacy Unlocked is the company's specialized division focused on reverse mortgage solutions for Canadian seniors aged 55 and older.
Email: maxreddy@legacymortgagegroup.ca
Media Contact
Name
Legacy Mortgage Group
Contact name
Max Reddy
Contact phone
780-756-3120
Contact address
1230 91 St SW #206
City
Edmonton
State
Alberta
Zip
T6X 0P2
Country
Canada
Url
https://legacymortgagegroup.ca/
