CHIP Reverse Mortgage

When most of us dream of retirement, we imagine ourselves in our own homes – sharing a meal with family or just relaxing in a comfortable spot.

For over 25 years The Canadian Home Income Plan (CHIP) our reverse mortgage solution has helped thousands of older homeowners enjoy more financial flexibility without having to sell or move. CHIP might be the solution for you – Steve Ranson, President and CEO HomeEquity Bank

Features of a CHIP Reverse Mortgage

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

Contact me today to discuss CHIP Reverse Mortgage solution and to learn more on how you can unlock the value in your home.

Raj Gera, Mortgage Broker with Dominion Lending Centres Pro-lending serves clients across Oakville, Hamilton, Burlington, Toronto, Grimsby, Stoney Creek, St. Catharines, Brantford, Niagara Falls, Kitchener, Waterloo, Milton, Mississauga, and the Greater Toronto Area.

Mortage Services include: Mortgage Renewal | Home Equity | Self Employed Solutions | First Time Home Buyers | Refinance

Get in Touch with Raj Gera - Mortgage Broker

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