About CHIP
A CHIP Home Income Plan is a loan secured by the
equity in your home. Without having to sell your home, you can
receive up to 40% of the value of your home. The big
difference with CHIP is that you do not have to make any payments -
interest or principal - for as long as you or your spouse live in
your home. You maintain ownership and control of your home while
enjoying all the benefits of having converted some of its value
into readily accessible, tax-free cash flow.
The CHIP Home Income Plan has helped thousands
of people who are looking for a simple, sensible way to unlock the
value in their homes - homes that they're very comfortable in
and don't want to have to sell. Some of them have expressed it
this way: "CHIP helps me get the money I need to enjoy life on
my terms."
A reverse mortgage through the CHIP Home Income
Plan is available through most of Canada's chartered banks,
many credit unions, mortgage brokers, investment and financial
planning firms, or directly from CHIP. Click on the links below to
see the current list of financial institutions that offer the CHIP
Home Income Plan:
We have three offices across Canada servicing
the needs of our clients. For general inquiries, please contact our
CHIP Head Office.
Head Office:
45 St. Clair Avenue West, Suite 600
Toronto, ON, M4V 1K9
|
Toll-free :
Phone:
Fax:
|
1-866-522-2447
416-925-4757
416-925-9938
|
Regional Offices:
1090 West Pender
Street, Suite 520
Vancouver, BC V6E 2N7 |
|
1010, Sherbrooke
Street West, suite 2211
Montreal, QC H3A 2R7 |
|
Toll-free :
Phone:
Fax:
|
1-800-661-1190
604-685-2447
604-685-2427
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Toll-free :
Fax:
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1-866-558-2447
1-877-419-2447
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Are you already a CHIP
client?
For any questions about your current CHIP Home
Income Plan, please call Client Relationship Services at
1-866-331-2447
|
