Our Case History:
Angus M. and Louise M. had enjoyed full and busy lives raising seven children in a small farming community outside of Ottawa. Many of their offspring, now grown up and on their own, still lived close by and visited frequently. It would have saddened everyone if their parents had been forced to sell the family home. But that appeared to be the only option. They had limited income and were carrying an $85,000 mortgage along with $3,000 in credit card debt. They had approached the bank for a second mortgage but were turned down because they didn’t qualify. Then their financial advisor told them about a CHIP Home Income Plan. “It’s a wonderful product,” enthused Angus. “Our debts are now all paid off and we’re at ease. Without those monthly payments, we have the extra cash we need to do things and our income can now cover any surprise costs that we encounter. The best part is that I don’t have any stress.”
MAINTAINING OUR CLIENTS' PRIVACY
We are committed to maintaining our clients' privacy. The stories have been created from a cross-section of experiences. We have not used the real names or the personal financial information of any individual.