Retirement can bring financial strain. Seniors often face the challenge of managing with less cash flow than they anticipated or coping with unforeseen expenses.

HomeEquity bank cannot be compared to because they are the only bank dedicated to empowering older Canadian homeowners. They provide smart and simple ways to use the value of your home during retirement.

For over 25 years the Canadian Home Income Plan (CHIP) has helped thousands of older homeowners. It is our reverse mortgage solution where elders can enjoy more financial flexibility without having to sell or move. CHIP might be the solution for you.

Features of a CHIP Reverse Mortgage

  • Homeowners age 55 and older
  • No payments are required
  • Zero Income qualifications
  • No Credit requirements
  • Qualify for up to 50% of the value of the home
  • Money can be received as a lump sum, over time or in combination
  • Owner maintains title
  • They can sell or move at anytime
  • Receive the money tax-free


“CHIP is a way to take advantage of the equity that you have in your home and then use it for whatever purpose you want.”
Sandy & Christopher M

If it wasn’t for CHIP we would have had to sell our home.”
James B

“If you sell your home you’re gonna be living off the proceeds and what you’re doing now however is not selling your home and living off the proceeds.
Edward F

Dealing with CHIP Home Income Plan was amazingly simple. I would undoubtedly recommend the CHIP program to anybody.”
Jan & John M

Contact me today to discuss how the CHIP Reverse Mortgage solution can unquestionably unlock the value in your home.