Simple Reverse CHIP Mortgages in Caledon, Bolton and Vaughan, Ontario

CHIP Reverse Mortgages for Canadian Seniors

Reverse Mortgage Secrets Revealed

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What is a CHIP Reverse Mortgage?

A CHIP Reverse Mortgage is a specialized financial home loan only available to people in Canada that are over the age of 55. It is called this because unlike other mortgages, it doesn't require regular monthly payments.

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What is a Reverse Mortgage?
How a Reverse Mortgage works for people in Caledon, Vaughan and Bolton, Ontario

How a Reverse Mortgage Works

If you're like many other 55+ Canadians, much of what you own fits into two categories, the equity in your home and the money you've saved. Access up to 55% of the value of your home. We can help make the Reverse Mortgage Process easy!

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CHIP Reverse Mortgage Myths Dispelled

Reverse Mortgage Myths

There are many speculations & myths out there from sources with no credibility.
Don't become a victim of bad information. Here are the myths and facts about a reverse mortgage.

Myth #1

You Do Not Own Your Own Home


Many believe that with a reverse mortgage, the bank owns your home. This is simply not true.

FACT: The title of the property remains in the homeowners name the entire time. You don't pay the bank, a reverse mortgage pays you. It’s that simple. You always maintain ownership of your home and you’ll never have to move or sell for as long as you or your spouse lives in the home.

Myth #2

Unpaid Interest Will Erode Equity


Many believe that the unpaid interest will erode their equity, but you are protected through time.

FACT: Our conservative lending practices ensure that your home equity is protected. You will receive a home valuation to determine the value of your home at the current time you request a loan. The value of your home will never drop below the amount of the reverse mortgage. This secures your investment and your equity.

Myth #3

A Reverse Mortgage Is a Solution of “Last Resort”


Many financial professionals today agree that a reverse mortgage has turned into a viable retirement plan for almost any situation.

FACT: Canadian seniors in any situation can get the money they need to finance their retirement with a CHIP Reverse Mortgage, as long as they own their home.

CHIP Reverse Mortgage Guide

FREE Reverse Mortgage Guide

Designed specifically for people over 55 like you!

Our main focus is helping our customers. We realize that there is a good way of doing business, that involves transparency, honesty, and treating individuals the way we would want to be treated ourselves.

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“Joy helped me with my Reverse Mortgage and I couldn't be more thankful to her. There were no hassles, she was incredibly knowledgeable and guided us every step of the way. I wasn't sure how I would get the money I needed and the Reverse Mortgage was definitely the way to go. ”
Emily W.
Vaughan, Ontario

From the Blog

The Plain Truth About Reverse Mortgages in Caledon, Vaughan, Bolton, Ontario
May 17, 2018

The Plain Truth About Reverse Mortgages in Caledon, Vaughan, Bolton, Ontario

Canadian Home Income Plan (CHIP) Reverse Mortgages in Caledon, Bolton and Vaughan
May 3, 2018

Canadian Home Income Plan (CHIP) Reverse Mortgages in Caledon, Bolton and Vaughan

Outliving your retirement Funds for people in Caledon, Bolton, Vaughan
April 19, 2018

Outliving your retirement Funds for people in Caledon, Bolton, Vaughan

Happy Clients

  • I am so glad we came across this website. We had no idea how we were going to help our parents out and came across the CHIP reverse mortgage plan and it's been a great help for our family.
    Tom H - Caledon, Ontario
  • Great professionalism. The team worked with me to lock down a mortgage so that I could buy my place. Being self-employed, crunching the numbers was challenging, but he was diligent and was able to ...
    Sean B. - Bolton, Ontario
  • Joy helped me with my Reverse Mortgage and I couldn't be more thankful to her. There were no hassles, she was incredibly knowledgeable and guided us every step of the way. I wasn't sure how I would...
    Emily W - Vaughan, Ontario
  • My parents were looking to get equity out of their house to help pay off some bills and take a much needed vacation. We looked long and hard at our options and determined the Reverse Mortgage was t...
    Bob W - Vaughan, Ontario

CHIP Reverse Mortgage Plan for Canadian Seniors

Find out how much money you can get.