June 25, 2019

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Free CHIP Guide

Applying & Approving for a Reverse Mortgage is Easy as 1..2..3

We get your Reverse Mortgage approved within one business day, and you can receive your money within 14 business days.

  1. Request a CHIP Home Income Plan personalized quote today, Call us at 905-264-9205 ext. 227,  or 416-704-9861 or fill out our Quick Reverse Mortgage Quote
  2. Let’s arrange a meeting with us to discuss your specific needs and address any concerns you might have.  We can do this meeting by phone or in person. Your family members are welcome to attend either via phone or in person.
  3. Once you are ready we will assist you to fill out the application and order your appraisal, the appraisal cost is approximate $200-$350 depending on the property type and location.
  4. Once the appraisal is done, we will confirm the exact amount of money you qualify for, and arrange all paperwork. We will meet again at either your home or financial institution of your choice.
  5. Before you commit, we request that you seek legal advice from a lawyer of your choice.  We will arrange to have all documents sent to your lawyer for review.
  6. You will receive your money either by cheque or direct deposit. We can also direct the funds to go directly to your financial advisor.