Start Enjoying Your Retirement with a Canada Reverse Mortgage

A reverse mortgage is a widely emerging option for people who are 55 years and older and have own their home. Canada reverse mortgages simply consider the equity of the property owned by the borrower. This allows the borrower to get debt-free … Read More

Unlock your home’s equity with CHIP

CHIP Home Income Plan, is Canada’s only provider of reverse mortgages in Canada for seniors. With over 26 years as Canada’s only reverse mortgage lender, CHIP has grown to be a trusted partner with Canadians and all major Canadian Banks. … Read More

CHIP Home Income Plan interest may be tax-deductible

Deducting the CHIP Home Income Plan interest can offset the income earned by non-registered investments, providing tax-efficient income. How? Your CHIP Annual Statement clearly indicates the amount of interest you have been charged and that may be eligible as a … Read More