CHIP Reverse Mortgage: Resources to Help You Make the Right Decision

We are a schedule 1, chartered bank with a single product: reverse mortgages that unlock the equity Canadians – aged 55 and better – have built in their homes.

Our business has given us a unique vantage point to the many changes that have taken place in the financial, mortgage and housing markets. One thing that has not changed, however, is the fact that homes are the single largest asset that most Canadian families hold.

This blog is designed to share our insight and perspective on the trends that are affecting that asset and its value. That extends to such related issues as managing debt, health care options, financial planning, government policy, capital markets and the impact of demographic shifts on the economy.

By engaging in this important dialogue, we collectively ensure that Canadians have the tools, resources and information to plan for and enjoy a stable, worry-free retirement.

Steven Ranson

The HomeEquity Bank Note

Supporting Ukraine with a $25,000 donation to the Canadian Red Cross

At HomeEquity Bank, when we say we’re here to support people and communities, we mean it, and we’ll continue to do so in any way we can. That’s why we’ve made a $25,000 donation to the Canadian Red Cross’ Ukraine Humanitarian Crisis Appeal, in support of those affected by ongoing events in Ukraine and bordering countries.

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The HomeEquity Bank Note

New brand launch: retire in the home you love

Each commercial finish with the same inspiring comment: “Retire in the home you love, with a CHIP Reverse Mortgage.” The commercials use humour to get across some serious points: Canadians are living longer, they’re not frail and dependent, Canadian retirees know their own minds and they won’t be told what to do, and finally, that downsizing isn’t for everyone.

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