2022-04-13 | 13:46:13

CHIP Reverse mortgage

Your home isn’t just a home to you – it’s a home to your family. A home to memories and the future.  A future you should look forward to when you retire. When you’ve spent your life in your home, you shouldn’t have to move. HomeEquity Bank understands that and believes you should have the freedom  to enjoy the retirement you deserve. With the CHIP Reverse Mortgage, your retirement is right at home.


Retiring shouldn’t mean having to sell your home or take on more monthly payments.  For over 30 years, the CHIP Reverse Mortgage by HomeEquity bank has helped tens of thousands of Canadians access up to 55% of the value of their home. Our reverse mortgage options are safe and secure giving you the freedom to take control of your finances and retire in the home you love. Because, at HomeEquity Bank, we believe there’s no retirement like home.

HomeEquity Bank makes retiring easy.  As a Schedule 1 bank, we prioritize your security and comfort. Both the CHIP Reverse Mortgage and our Income Advantage offer flexible ways of supplementing your income.  And with that kind of freedom, you’ll never have to worry about cash flow – or having to move when you retire.

Who says you have to leave your home when you retire? As a Canadian homeowner, you’ve earned the right to enjoy what you’ve invested in. So we’re here to help you discover how you can realize your home’s true value. When you’re able to access up to 55%* of the value of your home in tax-free cash, you can retire exactly the way you’d like.


For more information contact Brad Donnelly - Donnelly Mortgages 506-651-9242