EQ Bank Reverse Mortgages Reviews 147

TrustScore 4.5 out of 5

4.5

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Review summary

Created with AI, based on recent reviews

Evaluating 38 reviews, reviewers overwhelmingly had a great experience with this company. Customers consistently praise the staff for their professionalism, knowledge, and helpfulness, making the entire process smooth and easy. Many people highlight the exceptional customer service, noting prompt replies to emails and calls, and feeling respected throughout their interactions. The service provided is often described as efficient, with consumers appreciating the guidance and support received, especially for complex matters like mortgages. However, some people mentioned that the process took longer than expected or that they were required to hire a second lawyer, which they were not entirely happy about. A few other people also felt that there could be occasional issues with communication or support in more complicated situations.

What people talk about most

Staff

Clients share positive opinions on staff, consistently highlighting their professionalism, knowledge, and... See more

Service

Customers consistently note positive experiences with service, highlighting the ease and efficiency of the... See more

Response time

Consumers find response times to be positive, with many reviewers highlighting prompt replies to calls and... See more

Customer service

Customers had positive experiences with customer service, often describing it as excellent. Reviewers... See more

Reviews shaping this summary

Rated 4 out of 5 stars

We initially had a rough start with an advisor who didn't seem to care much. However, we then transferred to Stephanie, and she really helped us immensely throughout the process. There were many uphil... See more

Company replied

Rated 5 out of 5 stars

A huge decision, back & forth, to step into a Reverse Mortgage with Equitable Bank made all the easier with Mitch & Charlene who guided me along the way. Calls were always returned in quick time &... See more

Rated 5 out of 5 stars

I dealt with Stephanie Caero at EQ bank and I recommend her highly. My reverse mortgage went through so fast, and Stephanie was there every step of the way, 'holding' my hand if necessary. The only t... See more

Rated 5 out of 5 stars

Stephanie Caero was very professional, knowledgeable, efficient and friendly during the whole process. All our questions were answered and everything went fairly smoothly although the process took lon... See more


Company details

  1. Financial Institution
  2. Bank
  3. Mortgage Lender

About EQ Bank Reverse Mortgages

Written by the company

Enjoy your hard-earned home equity in retirement, without having to sell or make monthly payments. Access your home equity in tax-free cash and stay in the home you love. Plus, we’ll beat any posted rates for comparable reverse mortgages.* Is your traditional mortgage weighing you down? Do you have high-interest debt? Or maybe you’re simply looking to free up cash flow to fund home renovations or help a loved one. Whatever your priorities, we can find a solution that works for you. Call us today to chat with one of our reverse mortgage specialists.

We’ll beat any posted rates for comparable reverse mortgages.*

Access your home equity in tax-free cash. Stay in the home you love with no monthly payments to worry about.

Is your traditional mortgage weighting you down? Do you have high-interest debt? Or maybe you’re simply looking to free up cash flow to fund home renovations or help a loved one. Whatever your priorities, we can find a solution that works for you.

Call us today to chat with one of our reverse mortgage specialists.

1-866-644-0802

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Looking for details about Equitable Bank's reverse mortgage solutions?

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Contact info

4.5

Excellent

TrustScore 4.5 out of 5

147 reviews

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No history of asking for reviews

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Hasn’t replied to negative reviews

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Rated 5 out of 5 stars

A huge decision

A huge decision, back & forth, to step into a Reverse Mortgage with Equitable Bank made all the easier with Mitch & Charlene who guided me along the way. Calls were always returned in quick time & I never felt rushed wading through the endless paperwork required.
I have no hesitation in saying this has been the right decision to work with Charlene at Equitable Bank.

May 29, 2026
Unprompted review
Rated 3 out of 5 stars

honestly

honestly, i was a bit nervous about looking into a reverse mortgage, but equitable bank made the whole thing way easier than i expected. i’d been hearing horror stories about these kinds of loans, but they took the time to actually explain how it works and didn't make me feel pressured at all.

the process took a little bit of time to get everything sorted with the paperwork, which was expected, but the communication was solid throughout. i’m feeling much better about having some extra breathing room with my monthly budget now.

it’s not a perfect solution for everyone, but if you’re trying to stay in your home and need some help with cash flow, they are definitely worth a look. three stars feels right because it’s a big financial commitment and there’s always room for improvement in how fast things move, but overall i’m happy with how they handled everything. would recommend checking them out if you're in the same boat.

May 20, 2026
Unprompted review
Rated 5 out of 5 stars

A positive experience and very happy to give a referral.

It was a very positive experience working with Stephanie. Both my son’s and my research pointed to Stephanie, and I’m very pleased that it did.

Right from the start, it was easy to work with Stephanie, and she was very timely and professional in answering our questions and getting back to us.

Much appreciated was the fact that the whole process was handled without delay. I would not hesitate to recommend Stephanie and Equitable to others.

May 29, 2026
Unprompted review
Rated 5 out of 5 stars

Stephanie Caero was very professional

Stephanie Caero was very professional, knowledgeable, efficient and friendly during the whole process. All our questions were answered and everything went fairly smoothly although the process took longer than expected but only due to my previous bank. EQ Bank is great.

May 8, 2026
Unprompted review
Rated 5 out of 5 stars

The entire process was efficient

The entire process was efficient. The explanations were straightforward and complete and easy to understand.
My representative Charlene Moore was exceedingly friendly and helpful as well as knowledgeable. I will not hesitate to tell anyone interested in a reverse mortgage that they must deal with Equitable Bank .

March 29, 2026
Unprompted review
Rated 5 out of 5 stars

Overall a positive experience

Overall a positive experience: the staff is knowledgeable and helpful, especially when handling more complex cases like mortgages or reverse mortgages. The process is generally smooth and professional. There can be occasional issues with communication or support in more complicated situations, but overall the bank feels reliable and well-managed.

April 29, 2026
Unprompted review
Rated 5 out of 5 stars

A positive Experience!

My first inquiry to EQbank was very positive, which made me very confident that I had made a good decision. The representative Steve was very helpful and responded to enquiries quickly. The process was handled quickly, and lots of information was provided. I encourage everyone to take the time and review the documentation very carefully.

March 25, 2026
Unprompted review
Rated 5 out of 5 stars

A Very Pleasant Experience

I recently had the pleasure of working with Glenda Neill in helping my mum get a reverse mortgage. Glenda was so nice and pleasant to work with. She helped us every step of the way and answered all of our questions. Overall it was a very pleasant experience.

April 2, 2026
Unprompted review
Rated 5 out of 5 stars

What an asset!!

Definitely the best banking person I have encountered. Explains the process & guided me through all the steps, including some quite frustrating ones! Always encouraging, patient & understanding. Even sent good wishes & an emoji on my birthday; which was the "icing on the cake"( pardon the pun!!) Stephanie Caero is a treasure; look after her!!

February 18, 2026
Unprompted review
Rated 5 out of 5 stars

I dealt with Stephanie Caero at EQ bank…

I dealt with Stephanie Caero at EQ bank and I recommend her highly. My reverse mortgage went through so fast, and Stephanie was there every step of the way, 'holding' my hand if necessary. The only thing that I wasn't too happy about was that EQ bank insisted that I hire a separate (2nd) lawyer however it might be required legally. The process isn't inexpensive.

February 2, 2026
Unprompted review
Rated 5 out of 5 stars

FCT team!

Our customer advisor Glenda Neill is a very professional, people oriented, helpful and knowledgeable person.
Highly recommended!
All the documents are understandable and very important! Thank you FCT team for your excellent work!
Martha

January 27, 2026
Unprompted review
Rated 5 out of 5 stars

With Stephanie it was easy task…

With Stephanie it was easy task following step by step
for the Reverse Morgage!
I am very pleased with Equitable Bank.
Just would like to thank again Stephanie for her patience and her dedication.
Thank you Stephanie.
Sincerely
Lise Demeter

January 15, 2026
Unprompted review
Rated 5 out of 5 stars

Best Financial Institute

Excellent! One of the best financial institutes by far! No fees, no lies, they pay you, for having an account! They also pay back all ATM FEES! AWESOME FINANCIAL INSTITUTE!

January 14, 2026
Unprompted review

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