The equity release player is set to announce the move to coincide with the Mortgage Business Expo being held in Belfast.
One source told Mortgage Introducer: "Stonehaven lauching into the market is excellent news, and they have a sound proposition.
"Going forward, the Northern Irish market is undergoing changes, and moving into equity release is crucial as people become more asset rich and use the equity in their homes to finance retirement or help their kids get onto the property ladder."