Mortgage Blog

CHIP Reverse Mortgages for those in Vaughan, Markham, Richmond Hill, North York and the GTA

August 29, 2019 | Posted by: Your Mortgage Connection

What is a CHIP Reverse Mortgage?

It's a financial solution designed for Senior Canadian homeowners like you

Unlike a traditional mortgage where you make payments to a bank or someone else, a reverse mortgage pays you. You can use the money in anyway you see fit and live your retirement comfortably knowing you don't need to leave your home.

The biggest benefit of the CHIP reverse mortgage is that you are not required to make regular payments for as long as you or your spouse lives in your home.

Take a closer look at our CHIP Reverse Mortgages page for more details.

Have more questions about CHIP Reverse Mortgages?

Thinking it might be a good fit for you?

Please be sure to contact us and we would love to answer your questions, no hassles, no  gimics, just the facts.

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