Bloom Finance Company Ltd.

147 Liberty St, M6K 3G3, Toronto, CA
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5.00
Based on 94 Reviews

5

92.55%

4

4.26%

3

0.00%

2

0.00%

1

3.19%
About Bloom Finance Company Ltd.

Bloom offers Reverse Mortgage / Home Equity Release solutions for 55+ Canadians. Bloom was founded in 2019, with the belief that 55+ Canadians could increasingly flourish in retirement if they looked to the wealth in their homes as part of their overall retirement strategy. We believe that unlocking home equity can and should be a simpler, friendlier process, and that Canadians will increasingly view home equity release as a mainstream solution to support retirement. Our mission is to help 55+ homeowners find financial flexibility in what should be the springtime of their lives. We use technology and customer-centric innovation to offer a simple, seamless way for 55+ Canadians to access their home equity.

Contact Info

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Carol Stein
Canada | 19 December 2024

I was impressed with the service provided by Bloom starting with Bob Urbanovitch then Kevin, Bloom's representative in my local area. We had a couple of hurdles in the way as it was a new endeavor for me. Kevin did kindly answer my phone calls and gave good guidance when requested.

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ROY C
Canada | 06 December 2024

I found Bloom Finance to be very thorough, friendly and professional in helping me with my reverse mortgage. Gavin took the time to explain everything in detail and helped me through each step. I would not hesitate to recommend Bloom Finance.

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Kristin Stauffer
Canada | 05 December 2024

Everyone I spoke to was absolutely amazing, very helpful and everything went very smoothly! I would have no problems in recommending this lender for my clients in the future.

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William Watson
Canada | 25 October 2024

Bloom Finance was the only Company that allowed us to qualify for a reverse mortgage. They also registered a higher amount over the initial draw of funds. This will allow us to access additional funds in the future if we are in need. Gavin and Kindam were patient and helpful in guiding us through the process. They also suggested lawyers in our area who were familiar with reverse mortgages. Very satisfied and highly recommended!

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Nancy Kippen
Canada | 11 October 2024

Bloom very knowledgeable explaining the process under standing with us we never heard about reverse mortgage explain to us perfect for sure we recommend other people to try ask questions to a bloom associate they will help you bloom made new trusted friends with us. 5 stars for sure

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Robert
Canada | 10 October 2024

Madison and all the people that set up the financial were very patient and helpfull

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Rick Letendre
Canada | 21 September 2024

My experience was excellent with Bloom. The communication was helpful, timely at my request. Having many questions the team was patient as I decided the options available. The process was handled quickly. I was very impressed. I would, without hesitation recommend considering Bloom Financial for your needs.

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Charmaine Hodson
Canada | 18 September 2024

Quick friendly professional service

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Gary Wilde
Canada | 04 September 2024

While this particular application came across many hurdles, the Bloom team stuck with me and my client to the finish line. Along the way, I found them to be extremely helpful, transparent and a real effort on their part to get the deal completed.

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Jasmine Srnicek
Canada | 16 August 2024

The team at Bloom was so incredibly helpful! I would ABSOLUTELY go back to them for my next Reverse mortgage.

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Darlene Hinton
Canada | 03 August 2024

As a mortgage agent, I appreciated the excellent responsive communication with Bloom. This enabled me to help my client through some tough spots. Rates and fees were very good, as well as having a niche product that was a perfect fit for my client. Look forward to working with Bloom again.

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Gordaleen Harbourne
Canada | 30 July 2024

It can be scary when you reach your retirement age and you still have a mortgage to pay and with the interests rates now. Then comes Bloom with a way to not having to make mortgage payment. At first I thought this is too good to be true it must be a scam but it is not. It is just a different type of lender. It really didn't take that long to go through the process. If paying down your mortgage is stopping you from retirement talk with the people at Bloom.

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Christa Devers-Williams
Canada | 16 July 2024

Quick and easy response from underwriting with an amazing solution for the client. Everyone is extremely happy and relieved.

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Curt
Canada | 16 July 2024

Great experience, client was very happy. They offered a competitive rate, with more mortgage funds than 2 other competitors. I was kept in the loop the entire time.

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Bry
Canada | 25 June 2024

Beware of what you click on, this company and Spring Finare extremely shady and if you click the wrong thing , you will be automatically subscribed. When you try and cancel they will give you the run around. BE CAREFUL! Bloom Finance Company, yes I am sure it was your company and I stand by my statement.

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David Hogg
Canada | 19 June 2024

Great service and very clear on instructions. Highly recommend.

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Lisa Purchase
Canada | 18 June 2024

Company was easy to work with and offered a higher loan amount and lower costs than their competitors.

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Owen Leslie
Canada | 13 June 2024

Bloom Finance Company My wife and I were concerned that we were going to have to sell our home as we are up in age on a fixed income and getting to the point of not being able to keep up with the rising property taxes and home insurance as well as everything else. We were recommended to talk to Bloom and so happy we did. Our contact person, Madison is awesome. She is very patient and explained everything very well and answered all our questions and helped us through the whole process. We are so excited now we can stay in our home and afford the costs to live here. Thank you Madison and the rest at Bloom.

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Carol Ann
Canada | 22 May 2024

Just starting the process of a reverse mortgage, husband & I are very skeptical because it sounds almost to good to be true- we are going through some financial hardships and the thought of selling our family home has been overwhelming and heartbreaking. Sonia has been amazing with her patience & understanding , her knowledge and is always replying in a very efficient and quick manner . We are doing a phone call this Thursday so we can understand better and put our minds at ease- I hope we can make this happen- we haven’t slept in months ( 😴) fingers crossed

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David
Canada | 04 March 2024

Great follow up and communication throughout the process.

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