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We recently were purchasing a second property for my parents to live in. We have dealt with a leading financial institution for years and thought that there would be no problems in getting a mortgage since we have great credit and no
Lisa & Todd Lange
Manitoba


           
Financing Solutions > CHIP Reverse Mortgage

Put your home equity to work for you now

HomEquity Bank CHIP Reverse Mortgage

Like most Canadians over 55, your home is your largest asset and part of your retirement plan.

You could wait until then to enjoy the "fruits of your equity," or unlock the value in your home now with a CHIP Reverse Mortgage or an Income Advantage cash flow solution – both are simple, easy and dependable ways to access tax-free cash from up to 55% of the equity in your home. There are no credit or income qualifications, you maintain ownership of your home and best of all … there are no regular monthly payments required.

  • EASY: Free up tax-free cash to invest, travel, pay off debt, renovate or just sleep easier.
  • FLEXIBLE: You can choose to take a lump sum* or receive payments over time.
  • TAKE BACK CONTROL: Lifetime approvals mean you can continue to live in your home until you decide to move or sell.
  • NO PAYMENTS REQUIRED: Your home continues to appreciate and there are no regular monthly payments required until you move or sell it.

Find out more about how a Reverse Mortgage can help you enjoy life on your terms.

Simply complete this form and a representative in your area will be in touch.



















* (no longer available for Planned Advances)

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