Mortgage Broker

Reverse Mortgages in London, Ontario

Reverse Mortgage Options With a Trusted Mortgage Broker in London, Ontario

For many homeowners aged 55 and older, a reverse mortgage can provide financial flexibility without requiring the sale of your home. Whether you’re looking to supplement retirement income, cover healthcare expenses, eliminate debt, or simply improve monthly cash flow, a reverse mortgage may help you access the equity you’ve built over the years.

Mike Boniferro is a trusted Mortgage Broker in London, Ontario helping homeowners understand reverse mortgage options clearly and confidently.

What You Can Expect

2018

Licensed Since

90+

Lender Options

5.0

Google reviews

A process built around communication, speed and service

Why Homeowners in London, Ontario Consider Reverse Mortgages

A reverse mortgage allows eligible homeowners aged 55+ to access home equity without needing to sell their property or make regular monthly mortgage payments. Working with an experienced Mortgage Broker helps ensure you fully understand your options, eligibility, and long-term financial considerations before making any decisions.

Mike Boniferro helps homeowners across London, Ontario evaluate reverse mortgage solutions carefully and determine whether they align with their retirement and financial goals.

Access Tax-Free Home Equity

Unlock equity from your home without triggering a taxable event.

No Required Monthly Payments

Many reverse mortgage products do not require regular monthly payments while you continue living in your home.

Stay in Your Home

Maintain home ownership and continue living comfortably in the property you love.

Flexible Access to Funds

Receive funds as a lump sum, monthly payments, or a combination depending on your needs.

Benefits of a Reverse Mortgage in London, Ontario

Reverse mortgages can provide financial flexibility for homeowners looking to improve retirement cash flow or reduce financial stress.

Supplement Retirement Income

Use home equity to support everyday living expenses or improve retirement flexibility.

Cover Healthcare or Family Expenses

Access funds when needed for medical expenses, caregiving support, or family financial assistance.

Eliminate Existing Debt

Pay off high-interest debt or existing mortgage balances to improve monthly cash flow.

Maintain Financial Independence

Continue living in your home while using built-up equity strategically.

Flexible Financial Planning

Use funds for renovations, travel, investments, or long-term retirement planning.

Is a Reverse Mortgage Right for You?

A reverse mortgage may be beneficial for homeowners who:

Reverse Mortgage Process With a London, Ontario Mortgage Broker

Understanding reverse mortgage options should feel clear, supportive, and pressure-free.

Free Reverse Mortgage Consultation

We discuss your financial goals, retirement plans, home equity, and borrowing needs.

Home Equity & Eligibility Review

Your property value, existing mortgage balance, and eligibility requirements are carefully assessed.

Explore Reverse Mortgage Options

Review available products, payment structures, and financial strategies designed around your situation.

Approval & Access to Funds

Once approved, your reverse mortgage is finalized so you can begin accessing your available home equity.

Reverse Mortgage Solutions Designed Around Your Retirement Goals

Common Reasons Homeowners Consider Reverse Mortgages

Every homeowner’s financial situation is unique. Mike Boniferro helps homeowners across London, ON understand reverse mortgage solutions carefully so they can make informed financial decisions confidently.

Mortgage Calculator

Work With a Local Mortgage Broker Who Understands Reverse Mortgages in London, ON

Reverse mortgages require careful planning and honest guidance. As a local Mortgage Broker in London, Ontario, Mike Boniferro helps homeowners evaluate all available options before moving forward.

	Transparent communication	Clear explanations without confusing financial language.
	Fast responses when timing matters	Questions answered quickly so you can move confidently.
	Local Ontario market understanding	Support tailored to real buyers in London and surrounding areas.

Real Stories From Home Buyers

Trust matters when you’re making one of the biggest financial decisions of your life.

      EXCELLENT  
   Based on 80 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   Comfort Creek Day Spa 
 
 
 
 Trustindex verifies that the original source of the review is Google. AMAZING!!!!!!!

Owner's reply
Thank you, Lyn! Congratulations on your new home!
  
 
      Posted on Google  
   
   Emily Marcellus 
 
 
 
 Trustindex verifies that the original source of the review is Google. We had an amazing experience working with Mike! From start to finish, he was incredibly helpful, knowledgeable, and responsive. He took the time to explain everything clearly, answer all of our questions, and made what could have been a very stressful process feel so much easier.

Mike was always available when we needed guidance and went above and beyond to ensure we understood our options and felt confident in our decisions.  We are very grateful for all of his hard work and would absolutely recommend him to anyone looking for a mortgage broker.

Owner's reply
Thank you so much for the wonderful review, Emily. We’re thrilled Mike made the process clear and stress-free and appreciate you highlighting his responsiveness and expertise. I’ll be sure to pass your kind words along to him. Thank you for recommending us — we’re here whenever you need guidance in the future.
  
 
      Posted on Google  
   
   Nergis 
 
 
 
 Trustindex verifies that the original source of the review is Google. Great person, I recommend having him help you with houses

Owner's reply
Thank you so much for your kind words and recommendation, Nergis. I’m glad I could help with your home needs and appreciate your trust. If you or anyone you know needs assistance again, I’m always here to help.
  
 
      Posted on Google  
   
   Yoh Nathayong 
 
 
 
 Trustindex verifies that the original source of the review is Google. I've had the pleasure of partnering with Mike Boniferro and can confidently say he puts his clients first. He is responsive, knowledgeable, and genuinely invested in helping people achieve their homeownership goals. Clients regularly share positive feedback about his guidance, professionalism, and ability to make the mortgage process smooth and stress-free. Mike is someone you can trust to provide exceptional service from start to finish.

Owner's reply
Thank you, Yoh, for partnering with Mike Boniferro and sharing this wonderful feedback. We’re glad his responsiveness, expertise, and client-focused approach helped make the mortgage process smooth and stress-free. We appreciate your trust and look forward to supporting more clients together.
  
 
      Posted on Google  
   
   Kevin J 
 
 
 
 Trustindex verifies that the original source of the review is Google. Mike Boniferro was absolutely amazing to work with, especially as first-time homebuyers. He helped us through the entire process, including getting us approved, and made everything feel so much less stressful.

His communication was incredible — he was always quick to respond and was there whenever we had questions. You can genuinely tell he cares about his clients and wants the best for them. We couldn’t have asked for a better realtor and would 100% recommend Mike to anyone looking to buy a home! ⭐️ ⭐️ ⭐️ ⭐️ ⭐️

Owner's reply
Thank you so much for the glowing review and recommendation! We’re thrilled Mike made your first home-buying experience smooth and stress-free, and that his communication and care stood out. We’ll be sure to pass your kind words along to Mike. If you or anyone you know needs help in the future, we’d be honored to assist.
  
 
      Posted on Google  
   
   Jonathan Pimentel 
 
 
 
 Trustindex verifies that the original source of the review is Google. I had an excellent experience working with Mike, especially considering how quickly we had to move. We were getting a mortgage for a flip with a fast 2 week close so timing was extremely important, and he was on the ball from start to finish.

His communication was outstanding—he was incredibly fast to respond, kept us updated throughout the process, and made sure nothing fell through the cracks. He was proactive, stayed ahead of everything, and helped keep the entire process moving quickly and smoothly.

He also has some great contacts and was able to connect us with the right people when needed.

I would absolutely recommend him to anyone looking for a mortgage broker who is responsive, well-connected, and gets things done. He made what could have been a stressful process feel easy.

Owner's reply
Thank you, Jonathan. We’re thrilled Mike and the team could deliver a fast two week close and make the process smooth and stress-free. We pride ourselves on quick communication and strong industry connections, so it’s great to hear those helped keep everything on track. We appreciate your recommendation and look forward to working with you on future projects.
  
 
      Posted on Google  
   
   Imad Khan 
 
 
 
 Trustindex verifies that the original source of the review is Google. Mike is a very knowledgeable, professional and highly dedicated mortgage broker. Not only he was honest from beginning to the end but was very prompt and responsive. He made the impossible, possible for me when facing a tight deadline. He definitely deserves 5 stars and beyond.

Owner's reply
Thank you, Imad, for your wonderful review and for recognizing Mike's professionalism, knowledge, and dedication. We're thrilled he could meet your tight deadline and that his honesty and responsiveness made the process smooth. We will be sure to pass your praise along to Mike — it means a lot to our team. We're here for any future mortgage needs.
  
 
      Posted on Google  
   
   Jacob Vilaca 
 
 
 
 Trustindex verifies that the original source of the review is Google. An effortless experience with Mike. He understood my needs and was able to help throughout the whole process! Very thorough, detailed and responsive. Cant say enough good things about my experience with Mike! My number one recommendation by far, hands down!

Owner's reply
Thank you, Jacob — we appreciate you taking the time to share your experience. We're glad Mike was able to make the process effortless, thorough, and responsive for you. Your recommendation means a lot and we look forward to helping you again in the future.
  
 
      Posted on Google  
   
   Tj Baker 
 
 
 
 Trustindex verifies that the original source of the review is Google. Mike has been amazing to work with he got the job done I’m a first time home buyer and I didn’t think I would get approved and he got the deal done and helped me every step of the way and I will forever be grateful for everything he did and I will be recommending him to all my family and friends that will be buying in the future thanks Mike

Owner's reply
Thank you so much, Tj, for your wonderful review and for trusting Mike with your first home purchase. We’re thrilled he could guide you through every step and get the deal done. Your recommendation to family and friends means a lot to us. Congratulations on your new home, and please reach out if you need anything in the future.
  
 
      Posted on Google  
   
   Sean Lannigan 
 
 
 
 Trustindex verifies that the original source of the review is Google. Hands down, the best mortgage broker you could possibly hire! His experience was absolutely invaluable throughout this process. Highly recommend!!

Owner's reply
Thank you so much, Sean! I'm thrilled to hear you had such a positive experience. I appreciate your kind words, your business, and your recommendation, it means a ton! Please reach out anytime you need, and congratulations on your new home!