• Français
CHIP Reverse Mortgage
  • Français
1-866-758-2447 Get Your Estimate
Or
Get Your Estimate
  • Apply Now
  • 1-866-758-2447
  • CHIP Program
    • CHIP Program Overview
    • Product Selector Tool
    • Rates
  • How A Reverse Mortgage Works
  • Calculators
    • Reverse Mortgage Calculator
    • Home Equity Calculator
    • Financial Wellbeing Scale
  • Resources
  • About Us
    • About CHIP
    • Ambassadors
    • Reviews
    • FAQs
      • Learn More
      • Contact Us
      • Calculator
      • CHIP Program
        • CHIP Program Overview
        • Product Selector Tool
        • Rates
      • How A Reverse Mortgage Works
      • Calculators
        • Reverse Mortgage Calculator
        • Home Equity Calculator
        • Financial Wellbeing Scale
      • Resources
      • About Us
        • About CHIP
        • Ambassadors
        • Reviews
        • FAQs
      Home » Resources » Kurt Browning » With The CHIP Reverse Mortgage Can You End Up Owing More Than Your House Is Worth?

      With The CHIP Reverse Mortgage Can You End Up Owing More Than Your House Is Worth?

      Kurt Browning
      Updated on March 13, 2023

      No you will never owe more than the fair market value of your home.

      • Tweet
      • Share 0
      • LinkedIn 0
      • Email
       
      Previous Post

      Is The CHIP Reverse Mortgage Too Good To Be True?

      Next Post

      Top 10 things Don does to stay Healthy and Active

       

      Access up to 55% of the Value of Your Home

      • Tax-Free Cash
      • No Monthly Mortgage Payments
      • Stay In the Home You Love
      Calculate Now

      Search

      Please fill keyword to search

      Popular Articles

        Popular Videos

        • CHIP Reverse Mortgage Commercial
          CHIP Reverse Mortgage Commercial: Why Downsizing in Retirement is Not Your Only Option
        • How Much Money Can I Get From A Reverse Mortgage
          How Much Money Can I Get From A Reverse Mortgage
          • View all Reverse Mortgage Videos   »  

        MORE INFO

        • Privacy Policy
        • Terms
        • Reverse Mortgage Rates
        • Reverse Mortgage Calculator – Canada
        • Resolving Complaints
        • Prohibited Conduct
        • Voluntary Codes of Conduct
        • Home Equity Line of Credit
        • Contact Us
        • Home Run Book
        CDIC Deposit Protection logo

        FOLLOW US ON:

        • Twitter
        • Facebook
        • Instagram
        • LinkedIn
        • YouTube

        OUR PARTNERS

        CARP
        Legion

        WANT TO KNOW MORE

        Sign up for our monthly newsletter to receive inspirational lifestyle tips to maximize your retirement.

        {"salutation_required":"Please select a salutation","first_name_required":"Please enter a valid first name","last_name_required":"Please enter a valid last name","tel_no_required":"Please enter a valid phone number","email_addr_required":"Format: name@domain.com","confirm_email_required":"Enter valid confirm email address","confirm_email_invalid":"Confirm email is invalid","first_name_invalid":"Please enter a valid first name","last_name_invalid":"Please enter a valid last name","tel_no_invalid":"Please enter a valid phone number","email_addr_invalid":"Format: name@domain.com","str_address_required":"Please enter a valid street address","str_address1_required":"Please enter a valid street address","date_of_birth_invalid":"Invalid date of birth","city_required":"Enter city","city_required_select":"Please select a city","province_select":"Please enter a province","city11_required":"Enter city","city11_required_select":"Please select a city ","province_required":"Please enter a province","post_code_required":"Format: A1A1A1","post_code1_required":"Format: A1A1A1","year_of_birth_required":"Provide date of birth","date_of_birth_required":"Provide date of birth","home_type_required":"Please select a home type","post_code_invalid":"Format: A1A1A1","post_code1_invalid":"Format: A1A1A1","estimated_market_value_required":"Please enter a home value","estimated_market_value_invalid":"Please enter a home value","first_name_max_length":"First Name should not greater than 8","chip_home_plan":"CHIP Home Income Plan","call_us_toll_free":"Call Us Toll-Free","request_your_free_guide":"Request Your Free Guide","get_started":"Get Started","learn_more":"Learn More","why_wait":"Why Wait? Get Started Today","submit":"Submit","province":"Province","province1":"Province","year_of_birth":"Birth Year","home_type":"Home Type","first_name":"First Name","last_name":"Last Name","tel_no":"Telephone Number","email_addr":"Email Address","confirm_email_addr":"Confirm Email Address","confirm_email":"Confirm Email Address","please_send_my_guide":"Please Send My Guide By Mail","please_provide_estimate":"Get a Free Estimate","str_address":"Street Address","str_address1":"Street Address","city_town_village":"City \/ Town \/ Village","city":"City \/ Town \/ Village","city_town_village11":"City \/ Town \/ Village","city11":"City \/ Town \/ Village","post_code":"Postal Code","post_code1":"Postal Code","estimated_market_value":"Estimated Home Value","success_home_income_plan":"Data is submitted Successfully","its_easy":"It\u2019s Easy! Get Started Today!","read_more":"Read More Customer Stories","thank_you":"Thank You!","thank_you_message_1":"Your CHIP Home Income Plan Guide will be sent to you shortly.","thank_you_message_2":"Your personalized estimate will be sent to you shortly","thank_you_message_invalid":"Please Try Again","ok":"Ok","month":"Birth Month","day":"Birth Day","select":"Salutation","month_of_birth":"Birth Month","date_of_birth":"Birth Day","second_home_owner":"Is there a second homeowner?","yes":"Yes","no":"No","send_by":"Send by","email":"Email","mail":"Mail","age":"Age (in years)","age_required":"Required","age_invalid":"Enter Valid Age","age1_required":"Required","age2_required":"Required","age1_invalid":"Enter Valid Age","age2_invalid":"Enter Valid Age","term_required":"Required","secured_dept_required":"Required","unsecured_dept_required":"Required","captcha_code_required":"Required","secured_dept_invalid":"Enter Valid Value","unsecured_dept_invalid":"Enter Valid Value","select_term":"Term","select_gender":"Gender","gender1_required":"Required","select_age":"Age (in years)","secureddebt_value_required":"Enter valid secured debt value","secureddebt_value_invalid":"Enter valid secured debt value","unsecureddebt_value_required":"Enter valid unsecured debt value","unsecureddebt_value_invalid":"Enter valid unsecured debt value","calculate":"Calculate"}
        x

        Thank You!

        Your details have been successfully submitted.
        Check your inbox for future updates.

        Copyright © 2023, HomeEquity Bank. | All Rights Reserved.