The CHIP Reverse Mortgage for
Canadians 55 and over
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Learn About Reverse Mortgages
Homeowners age 55 or older
Access up to 55% of the home value
No monthly mortgage payments
No monthly Mortgage Payments
LEARN MORE ABOUT THE CHIP REVERSE MORTGAGE
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With the CHIP Reverse Mortgage You Can
Pay off existing debt
Renovate your home
Cover monthly expenses
GET STARTED TODAY
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Test Your Reverse Mortgage IQ Now
I cannot enter into a Reverse Mortgage unless my home is completely mortgage-free.
TEST YOUR KNOWLEDGE NOW!
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How a Reverse Mortgage Works
Learn More
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Free Reverse Mortgage Calculator
Calculate Now
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Reverse Mortgage Interest Rate
Learn More
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.
Find Out How Much You Can Get
The TRUTH
About Reverse Mortgages
Although the CHIP Reverse Mortgage has been available to Canadians for over 30 years, there are still some misconceptions.
Learn More Reverse Mortgage Facts
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.
Compare Your Options
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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
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I have secured my living, I don’t have to worry… It was the best financial decision.
Richard M, client since 2014
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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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