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.

We understand HomEquity 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.

Steve Ranson,

President and CEO HomeEquity Bank

Features of a CHIP Reverse Mortgage

  • Homeowners age 55 and older
  • No payments are ever required
  • No Income qualifications
  • No Credit requirements
  • Qualify for up to 50% of the value of the home
  • Money can be received as a lump sum, or over time or combination
  • Owner maintains title
  • They can sell or move at anytime
  • Receive the money tax free

CHIP Mortgage Contact Form

Contact Ottawa Mortgage Broker - Chase Belair to find out more about CHIP mortgages and how they can help you. Chase breaks the stigma around the topic of reverse mortgages and will teach you how to make one work for you.
  • Please enter your full name here. Note: There is enough room for 2 names. Example: Chase Belair and Candice Brooke
  • Enter your Date of Birth here
  • If you entered 2 names above, please enter the Date of Birth for the 2nd name here.
  • Enter the best number for us to reach you at
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  • While our main office is located in Ottawa, we serve Canadians all over the country so it's important to diligently track where each and everyone of our callers comes from.
  • Please add any details, questions, or comments here so that we may have the chance to address them before we call you back!


“CHIP is a way to take advantage of the equity that you have in your home and use it for whatever purpose you want.”
Sandy & Christopher M

“If you sell your home you’re gonna be living off the proceeds and what you’re doing now is not selling your home and living off the proceeds.
Edward F

If it wasn’t for CHIP we would have had to sell our home.”
James B

Dealing with CHIP Home Income Plan was amazingly simple. I would recommend the CHIP program to anybody.”
Jan & John M

Contact me today to discuss CHIP Reverse Mortgage solution and to learn more on how you can unlock the value in your home.