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HomeEquity Bank

HomeEquity Bank

HomeEquity Bank is a Schedule 1 Canadian bank offering reverse mortgage solutions including the flagship product, the CHIP Reverse Mortgage. The bank is committed to empowering Canadian homeowners 55+ to access equity from their home and live retirement on their terms.

Articles By HomeEquity Bank
An older couple reviewing paperwork and working on a laptop

Why reverse mortgages have higher interest rates than traditional mortgages

Reverse mortgages can offer many Canadians a more comfortable retirement. But how do they differ from regular mortgages?

6 mins read
Aug. 22, 2022