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CARP Members can receive a cash rebate of up to $250 on a home appraisal*

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CHIP Reverse Mortgage for CARP Members:

CARP, a non-profit organization that advocates on behalf of Canadians as we age, is proud to partner with HomeEquity Bank, the provider of the CHIP Reverse Mortgage in Canada. Under the partnership, HomeEquity Bank’s product line is now officially endorsed and recommended by CARP as a trusted financial solution during your retirement years. For over 30 years, the CHIP Reverse Mortgage has helped thousands of Canadian homeowners realize the value of their home in order to live a more free and fulfilling retirement.

What You Get with the CHIP Reverse Mortgage:

  • Access up to 55%** of the value of your home in tax-free cash
  • Full ownership and control of your home
  • Freedom from regular mortgage payments
  • Access to tax-free cash without having to move or sell

*Click here for Terms and Conditions
**Some condition apply

To find out more about this special offer for CARP members, please call:

Client Testimonials

  • “We looked at our options and we decided this was the best thing for us, and it has been the best thing we’ve done. It truly is.”

    - Ed and Bea F.

  • “The CHIP Reverse Mortgage has actually given me my life on my terms.”

    - John A.

  • “I have secured my living, I don’t have to worry…It was the best financial decision.”

    - Richard M.

How it Works?

How Reverse Mortgages Work

If you're like many other 55+ Canadians, much of what you own fits into two categories - the equity in your home ...

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Reverse Mortgage Videos

Reverse Mortgage Videos

Watch these videos from HomeEquity Bank and learn more about CHIP Reverse Mortgage

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