CHIP Reverse Mortgage Commercial: Hiking (with Kurt Browning)

Four-time World Champion figure skater and longtime HomeEquity Bank ambassador, Kurt Browning, is featured in our latest commercial, Hiking. Joined by his trusted dog Rocky and a special guest – his sister Dena – Kurt takes us along a peaceful Ontario trail as he shares how passionate he is about the CHIP Reverse Mortgage, a secure financial solution from HomeEquity Bank. 

Benefits of a CHIP Reverse Mortgage

There are several key advantages to taking out a reverse mortgage, especially when compared to a conventional mortgage or loan. With a CHIP Reverse Mortgage… 

• You get to stay in the home you love and maintain full ownership and title, without having to move, sell or downsize
• You can have more financial freedom without having to dip into your retirement savings and this allows you to leverage one of your largest assets and get up to 55%* of the appraised value of your home into tax-free cash
• No monthly mortgage payments are required, and you can spend the money however you choose. 
• You can receive the cash in a lump sum amount or in regular monthly payments
• As the value of your home increases over the years, you may be able to access additional equity. Once the loan is repaid, almost all HomeEquity Bank customers – or their heirs – have money left over

*Some conditions apply.