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Bloom Finance Company Ltd. Reviews 110

TrustScore 4.5 out of 5

4.5

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Rated 1 out of 5 stars

They are scammers they send a contract stating that a fee should paid before i get my than before i send i ask again they said 30 minutes after i paid i will have my money I paid and when i call they... See more

Rated 5 out of 5 stars

I received great support from the Bloom team, my client was well taken care off and accommodated. It seam as a simple file to start but, like of files these day came with its challenges and the team... See more

Rated 5 out of 5 stars

The reverse mortgage was the ideal solution for us. It provides lifetime financial security while allowing us to live out our days in the house that we love. We were thoroughly impressed by the... See more

Company replied

Rated 5 out of 5 stars

Everything was laid out in a clear and concise manner. Somebody was always available to answer our questions and help us through the process at every step. Even a walk through of the documentation and... See more

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Company details

  1. Mortgage Lender
  2. Financial Institution
  3. Mortgage Broker

Written by the company

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

4.5

Excellent

TrustScore 4.5 out of 5

110 reviews

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Hasn’t replied to negative reviews


Rated 1 out of 5 stars

Bloom finance is scammees

They are scammers they send a contract stating that a fee should paid before i get my than before i send i ask again they said 30 minutes after i paid i will have my money I paid and when i call they said no i must pay another payment i want me refund .

December 12, 2025
Unprompted review
Rated 5 out of 5 stars

Great Communication and Knowledgeable Team

Everything was laid out in a clear and concise manner. Somebody was always available to answer our questions and help us through the process at every step. Even a walk through of the documentation and answering all of our concerns led to a very satisfying experience. I cannot say enough about Gavin Smith and his dedicated knowledgeable approach as he led us to successful completion.

October 15, 2025
Unprompted review
Rated 5 out of 5 stars

Financial Security

In first place it was important to us to understand what a reversed mortgage means for us and if we are making the right decision. All our questions were answered in a way that we felt comfortable to proceed . Carlo Conciatori was very helpful

October 8, 2025
Unprompted review
Rated 5 out of 5 stars

I received great support from the Bloom…

I received great support from the Bloom team, my client was well taken care off and accommodated.
It seam as a simple file to start but, like of files these day came with its challenges and the team was there to support, answer questions, accommodate all requests and help move everything forward promptly.

September 17, 2025
Unprompted review
Rated 5 out of 5 stars

I would like to thank Mr Smith

I would like to thank Mr. Gavin Smith for the amazing explanation of the reverse mortgage and how it works. At Bloom they were quick to make my life a little bit easier.

September 17, 2025
Unprompted review
Rated 4 out of 5 stars

As someone who has difficulty reading…

As someone who has difficulty reading and understanding legal documents I experienced a lot of anxiety in this process. Especially when the implication that my wife must cope with the possibility of losing our home in the possible event of my early demise began to sink in. Some people cope with information and risk better than others. But I got through it and I wish to sincerely thank Maddison and Vishal for their acceptance, attention and patience with my file. Thanks guys

September 4, 2025
Unprompted review
Rated 5 out of 5 stars

The Bloom Financial Team was amazing at…

The Bloom Financial Team was amazing at providing my clients with top notch service with their reverse mortgage solution. We want to give very special acknowledgement to Madison Rogerson and Rachel Rogerson. Their level of professionalism, work ethic, attention to detail, timeliness, and kindness throughout the entire process is bar none and we were very fortunate to work with them as they go above and beyond the norm in the financing industry. Thank you both very much!!

August 27, 2025
Unprompted review
Rated 5 out of 5 stars

A walk in the park!

Working with Bloom was a walk in the park! They took care of my client beginning to end. They were very transparent and communicative throughout the entire process. Highly recommend for all your reverse mortgage needs.

August 1, 2025
Unprompted review
Rated 5 out of 5 stars

Bloom has been excellent in helping us…

Bloom has been excellent in helping us obtain a reverse mortgage. Very professional Our Broker was Brian Gentles and we could not have asked for a better person to walk us through the proceedures. Thanks Bloom!!!!

May 22, 2025
Unprompted review
Rated 5 out of 5 stars

A painless and friendly process

I've never heard of Bloom Finance before, but so glad that my mortgage broker recommended them to me. It was a painless and friendly process from the time I was initially contacted by Kevin, to when the appraiser Stephanie came to my condo, to Kindam Doshi who was very helpful explaining the various documents I needed to provide, and finally to Doug Steeves who welcomed me to the Bloom family. I will definitely recommend Bloom to my family and friends.

February 27, 2025
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thanks for the kind words, Myrna.

Rated 5 out of 5 stars

I was impressed with the service…

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.

December 18, 2024
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thank you for your kind words, Carol! We’re glad to hear that Bob and Kevin’s support met your expectations and helped guide you through this new endeavor. We’re here to support you every step of the way!

Rated 5 out of 5 stars

I found Bloom Finance to be very…

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.

October 31, 2024
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thank you, Roy! We're delighted to hear that Gavin's thorough and professional support made the process smooth for you. Your recommendation means a lot to us!

Rated 5 out of 5 stars

Great communication

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.

December 4, 2024
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thank you, Kristin! We’re so glad to hear everything went smoothly and that our team was helpful. Your recommendation means a great deal to us!

Rated 5 out of 5 stars

Bloom Finance was the only Company that…

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!

October 23, 2024
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thank you very much for your thoughtful review and kind words. We’re delighted to hear that our team, particularly Gavin and Kindam, were able to support you throughout the reverse mortgage process and make it a positive experience. Your recommendation means a lot to us. Please don’t hesitate to reach out if there’s anything further we can assist you with.

Rated 5 out of 5 stars

Bloom very knowledgeable explaining the…

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

October 8, 2024
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thank you so much for your kind words, Nancy. We're honoured to have earned your trust and appreciate your recommendation.

Rated 5 out of 5 stars

Good helpful service

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

September 25, 2024
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thank you for your kind review, Robert. We’re delighted to hear that Madison and the team were able to support you throughout the process. Your satisfaction means a lot to us, and we’re grateful for the chance to assist you!

Rated 5 out of 5 stars

My experience was excellent with Bloom

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.

August 5, 2024
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thank you for sharing your wonderful experience! We're so pleased to hear that our team provided timely and helpful communication while guiding you through the process. It’s great to know you felt supported in exploring your options. We truly appreciate your recommendation!

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