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CHIP Reverse Mortgage: Resources to Help You Make the Right Decision

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Steven Ranson

I’ve been the President and CEO of HomeEquity Bank for over 20 years. We are a schedule 1, chartered bank with a single product:  reverse mortgages that unlock the equity Canadians – aged 55 or older – have built in their homes.

Our business has given us a unique vantage point to the many changes that have taken place in the financial, mortgage and housing markets. One thing that has not changed, however, is the fact that homes are the single largest asset that most Canadian families hold.

This blog is designed to share our insight and perspective on the trends that are affecting that asset and its value. That extends to such related issues as managing debt, health care options, financial planning, government policy, capital markets and the impact of demographic shifts on the economy.

By engaging in this important dialogue, we collectively ensure that Canadians have the tools, resources and information to plan for and enjoy a stable, worry-free retirement.

Steven Ranson

The HomeEquity Bank Note

Jayne Eastwood as Doris in conversation stopper

Each commercial finish with the same inspiring comment: “Retire in the home you love, with a CHIP Reverse Mortgage.” The commercials use humour to get across some serious points: Canadians are living longer, they’re not frail and dependent, Canadian retirees know their own minds and they won’t be told what to do, and finally, that downsizing isn’t for everyone.

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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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