Toronto Reverse Mortgage
2010 Winston Park Drive L6H5R7 Oakville, ON, Canada

CHIP Open a flexible Reverse Mortgage solution exclusive to HomeEquity Bank! Launching today, CHIP Open will provide Canadians 55+ with a short-term Reverse Mortgage giving them flexibility to repay 100% of the balance at any time, without prepayment penalties.

If you’re currently retired and looking for additional ways to put money in your pocket, a Reverse Mortgage could be the perfect solution! Visit us www.torontoreversemortgage.ca or contact us today for further guidance!

Did you know you can get a Reverse Mortgage? A Reverse Mortgage lets you turn some of your equity into cash! You get the money you need in precisely the way you want it. Contact us today for further information!

A CHIP Reverse Mortgage lets you turn some of your equity into cash without any obligation to make any monthly payments until you move or sell your property. What makes this program successful is that participants can only access equity up to 55% of the total home value, ensuring you have access to the cash you want and the peace of mind you need. To benefit from reverse mortgage, there’s no need to provide information about your income or medical history, allowing you the right to access the equity in your home regardless of your income or health. If you want to learn more please reach out to us.

More seniors expected to turn to reverse mortgages due to COVID-19!

If you’re 55+ have you considered a reverse mortgage? A Chip Reverse Mortgage lets you live retirement your way. By using the equity in your home you can pay out your existing mortgage and gain additional cash flow that can be used in many ways. You can help your children with home ownership or create an investment portfolio to increase your wealth. Let us help you plan for and live a better retirement. #torontoreversemortgage

Reverse mortgages are cheaper than ever. Should you use one to tap into your home’s equity?

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BENEFITS OF A CHIP REVERSE MORTGAGE You receive the money tax-free. It is not added to your taxable income so it doesn’t affect Old Age Security (OAS) or Guaranteed Income Supplement (GIS) government benefits you may receive. You can use the money any way you wish. Maybe you want to enjoy your retirement or cover unexpected expenses. Perhaps you want to update your home or help your family without depleting your current savings. The only condition is that any outstanding loan...Continue reading