Chip Reverse Mortgages
Discover the power of reverse chip mortgages in Edmonton, AB. Unlock financial freedom, enjoy no monthly mortgage payments, and retain homeownership. Our local experts provide tailored solutions for retirees.
Schedule a free consultation for personalized advice.
Benefits of a Chip Mortgage
You always own your home
A unique financial product designed to provide you with the cash you need, when you need it.
No regular monthly payments
You are not required to make regular mortgage payments for as long as your home is your primary residence.
Tax-Free
All funds acquired through CHIP are tax-free, and do not affect your OAS or CPP.
A Customizable Solution
Access up to 55% of the value of your home and receive the amount you desire in one lump-sum or monthly payments.
Ways You Can Use a Reverse Mortgage
- Relieve Financial Pressure
- Increase Cash Flow
- Buy a Vacation Property
- Home Renovations / improvements
- Early Inheritance
- Help Grandchild With Downpayment for their home
- Assist a family member or friend
- Healthcare expenses
- Alleviate debt
- Preserve investments
- Travel
"I used my reverse mortgage to help my kids with their downpayment and travel, it's a great option!"
Get the Retirement of Your Dreams
Book a meeting to go over your questions, find out how it works, and see if you qualify.