Retirement today looks different: Understanding reverse mortgages
Published 6:00 pm Sunday, June 14, 2026
How Jason Humeniuk helps Lower Mainland homeowners unlock home equity
With a career spanning more than 30 years in the financial industry, Jason Humeniuk began his professional journey in banking.
This experience sparked a dedicated interest in mortgage brokering, where he now focuses on providing clients with a diverse selection of financial products, rather than products from only one lender, and expert guidance to help them make optimal decisions.
“Prioritizing my clients’ best interests is my primary goal,” Jason says. “With my experience both in banking and as a broker, I understand the wide array of options available to homeowners, the significance of understanding the mortgage fine print, the implications of penalty structures and the potential risks linked to an uninformed decision with your mortgage.”
Mortgage advice you can trust
Jason offers a wide range of services, including:
- Renewals, refinancing, and mortgage pre-approvals
- Reverse mortgage solutions
- Equity Based Mortgages
- Debt consolidation
- Mortgages specific to first-time home buyers
- Commercial Mortgage Options
Beyond that, Jason assists with mortgages for investment properties, cash flow strategies for retired homeowners, and foreclosure mitigation strategies.
He also helps clients access equity for home renovations or to support their children, and works with self-employed individuals to navigate mortgage options tailored to their specific income scenarios.
Helping seniors stay in the homes they love
For seniors, understanding reverse mortgages can be the key to unlocking equity in the place they love and call home.
For Canadians 55 and older, a reverse mortgage offers a flexible way to turn home equity into tax-free funds. This solution helps alleviate financial pressure without requiring you to move, whether you choose a single lump-sum payment or a series of periodic payments.
According to a 2024 Royal LePage survey, “30% per cent of Canadians planning to retire in the next two years expect to carry mortgage debt into retirement.”
“Numbers show that more and more people are in retirement with a mortgage or debt,” Humeniuk says. “With inflation and living expenses increasing, individuals are finding it very difficult to save for retirement.”
How reverse mortgages can help
- Increase your cash flow: With a reverse mortgage, you’re able to increase your cash flow to live more comfortably
- Supplement your income: If living off a fixed income is not enough, funds from a reverse mortgage are tax-free and will help supplement your income.
- Assisting your kids or grandchildren: With the help of reverse mortgages, many older or retired individuals are able to help provide an additional income or an early inheritance to their children/grandchildren.
As a top-75 broker ranked number 27 in Canada, Jason Humeniuk’s deep professional background ensures he’s well-equipped to navigate any situation his clients may face, with exceptional service and a seamless process.
For more information, visit jason.mortgage, call 888-530-1770 (ext 104) or reach out by emailing info@jason.mortgage.
