CHIP Mortgage

Wouldn’t it be nice to have up to 50% of the value in your home tax-free to do more of the things you want to do?

Your Home
It's where you raised your family and built your memories. When something means this much to you, it can be hard to think about the challenges. But challenges do exist.  If you're like many Canadians, you've spent much of your life working hard and diligently making your mortgage payments. Yet now that you need income the most, there’s a good chance the bulk of your net worth is locked up as equity in your home.

Introducing the CHIP Home Income Plan

A CHIP Home Income Plan is a simple and sensible way to unlock up to 50% of the value in your home and turning it into cash. As a Reverse Mortgage Specialist, I can assist you throughout the entire process and ensure that the CHIP Home Income Plan meets all your goals.
If you’re 55+ and looking for extra money to pay off debts, make important home improvements, pay unexpected medical expenses or meet day-to-day expenses, CHIP Reverse Mortgage could be the solution for you. Turn up to 50% of your home equity into cash!

You can use the money any way you wish
There are so many things you can do with some extra cash:
  • Take it all as a lump sum or choose to receive a monthly amount
  • Invest to create more cash flow
  • Pay off debts
  • Assist children or grandchildren
  • Make home improvements
  • Downsize or purchase a second property
  • Top up your RRSPs
  • Make no payments until you decide to move or sell
You keep complete and total control of your home at all times AND the money you receive is tax-free!

Your retirement, your way.
I invite you to call me today to see how a CHIP Home Income Plan can work for you.

Campbell River CHIP Mortgage Retirement Money
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