As the leading provider of the CHIP Reverse Mortgage in Canada,
As the only provider of reverse mortgages in Canada, we often receive comments about how applying for a reverse mortgage will take away the inheritance from your kids and your family.
Healthcare costs for aging Canadians is a topic that many retirees have underestimated.
This is the first in our series on addressing reverse mortgage myths
Reverse mortgages are commonly mistaken for charging a lot of upfront costs.
Most seniors take out a reverse mortgage to help them stay in their existing homes.
Between October 5 – 14, 2016, HomEquity Bank sponsored a study of 1,500 participants over the age of 40 who own their own homes.
At HomEquity Bank, the leading reverse mortgage bank in Canada, we believe that reverse mortgages are a great option for people who want to eliminate or lower their monthly expenses while remaining in their own home.
Do you have an aging parent or parents and are you concerned about their ability to be financially independent?