RETIREMENT ON YOUR TERMS.
Cash in your home’s equity for a retirement you can afford.
What is a CHIP Reverse Mortgage?
It’s a financial solution, in the form of a home equity loan, designed to help Canadian homeowners 55+ retire safely and securely. Home equity loans are becoming a more common retirement tool. It’s something every Canadian homeowner should know about.
Features Include:
Homeowners age 55+
Access up to 55% of the home value
Tax-free cash
No monthly mortgage payments
Must be your primary residence
Minimum $150,000 home value
With CHIP Reverse Mortgages, You Can…
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Pay Off Existing Debt
Use the tax-free cash to pay off some or all of your existing debt, freeing up your monthly disposable income and really enjoy your retirement.
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Travel & Enjoy Retirement
Use your retirement to do the travel you’ve been waiting for and dreaming about. Or spend it on anything else your want to! It’s yours to do with what you like.
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Renovate Your Home
Upgrade your kitchen, bathroom or complete any other home improvement projects on your list so you enjoy your retirement at home.
How Does a Reverse Mortgage Work?
I can help you unlock up. to 55% of your homes equity in tax-free cash. The process is simple…
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Find out how much money you can get with a free no-obligation estimate.
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I will contact you to verify your information and gather any additional information that may be required.I will contact you to verify your information and gather any additional information that may be required.
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Receive the money you need in one lump-sum or instalments.
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There are no monthly payments. Payment does not become due as long as you are living in your home.