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What is the
CHIP Reverse Mortgage?
It's a financial solution designed to help Canadian homeowners 55 plus retire safely and securely. Features include:
- You can access up to 55% of the value of your home
- You maintain ownership of your home without having to move or sell.
- No regular mortgage payments.
- Receive your tax-free cash on your own terms. Over time or all at once.
Learn More Reverse Mortgage Facts
About Reverse Mortgages
Although the CHIP Reverse Mortgage has been available to Canadians for over 30 years, there are still some misconceptions.
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The difference between a Home Equity Line of Credit and a Reverse Mortgage.
Home equity loans are becoming a more common retirement tool. It’s something every Canadian homeowner should know about.
The CHIP Reverse Mortgage allowed me to keep my home, it allowed me to do whatever I wish… the power of CHIP can change your life.
Victor Z, client since 2013
I have secured my living, I don’t have to worry… It was the best financial decision.
Richard M, client since 2014
A CHIP Reverse Mortgage has definitely given us a great peace of mind. It has really enabled us to enjoy our retirement.
Jan and Jack M, clients since 2013
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