For example, you may have been working at improving your credit score and now qualify for a new mortgage with a better discount, or you may want to stabilize your payments by changing from a variable rate mortgage to a fixed-rate.
Refinancing is also a good option to pull out equity for consolidating debt, home improvements, investments, college expenses, and more.
But retirement can also bring financial strain. Seniors often face the challenge of managing with less cash flow than they anticipated or coping with unforeseen expenses.
Jodie understand. HomeEquity bank is the only bank dedicated to empowering older Canadian homeowners with smart, simple ways to use the value of their home during retirement.
For over 25 years The Canadian Home Income Plan (CHIP) our reverse mortgage solution has helped thousands of older homeowners enjoy more financial flexibility without having to sell or move. CHIP might be the solution for you.
Free up money or save thousands on your mortgage
I can help you figure that out.
CHIP can help retired homeowners stay in their homes
Limited cash flow and unforeseen expenses can interrupt the dream and cause you to lose sleep. I understand these circumstances. I have options that can help you get back to sitting around the table and enjoying a nice meal without the worry of financial strain.
The Canadian Home Income Plan (CHIP) has helped thousands of homeowners over 55 enjoy more financial flexibility without having to sell or move.
With a CHIP reverse mortgage through HomeEquity bank you are empowered to use the value of your home.
Consider these benefits: