CHIP Reverse Mortgage Plan for Canadians 55 Plus

What is a
CHIP Reverse Mortgage?

It's a financial solution designed for Canadian homeowners 55 plus. Features include:

• You can access up to 55% of the value of your home
• You always maintain ownership of your home and never have to move or sell
• There are no mortgage payments required
• You can receive your tax-free cash over time or one lump sum

The TRUTH
About Reverse Mortgages

Reverse Mortgages have been available in Canada for over 30 years, but there are still many myths and misconceptions about them.

How different is a Home Equity Line
of Credit from a Reverse Mortgage?

A home equity loan is becoming a more prevalent product and almost a necessary tool for many aging parents