Home Equity Bank of Canada

Home Equity Bank of Canada | Home Equity Bank Rates | Home Equity Mortgage Corporation | Home Equity Reverse Mortgage – CHIP is a reverse mortgage, a loan secured against the value of your home. Unlike a loan or a regular mortgage, with CHIP you are not required to make payments. You only repay the loan when you move or sell your home.

You are required to keep your property in good maintenance, pay your property taxes and property insurance.The money you receive is tax-free and yours to use as you wish.
HomEquity Bank is a Schedule I Canadian bank and is the only national provider of reverse mortgages to homeowners aged 55 and over, Canada’s fastest growing demographic segment. HomEquity Bank originates and administers Canada’s largest portfolio of reverse mortgages under the CHIP Home Income Plan brand. CHIP Home Income Plan has been the leading reverse mortgage solution in Canada since its inception in 1986.
HomEquity Bank has an effective direct-to-consumer distribution model as well as a well-established network of referral partners. This extensive partner network includes all major Canadian banks, credit unions, mortgage brokers, and financial planning firms.


Home Equity Bank Chip | Home Equity Bank of Canada | Home Equity Bank Rates | Home Equity Loan Rates |Home Equity Reverse Mortgage

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