HomeEquity Bank, a Schedule 1 Canadian Bank, has been the leading provider of reverse mortgages in Canada for more than 35 years. We are also the main underwriter of reverse mortgages in Canada. Our head office is located in Toronto.
HomeEquity Bank is the only financial institution exclusively dedicated to providing financial solutions for Canadian homeowners 55+ to help them live a fulfilling, stress-free retirement.
Through our flagship CHIP Reverse Mortgage – along with the CHIP Max, CHIP Open, and Income Advantage products – Canadian homeowners can access the equity in their homes to meet their financial needs in retirement.
OUR MILESTONES
CARP Recommended
HomeEquity Bank has been recognized by CARP, Canada’s largest organization focused on financial security and improving the health and quality of life for mature Canadians.
With our CHIP Reverse Mortgage our goal is to provide Canadian homeowners with a comfortable lifestyle by providing them the financial ability to live the retirement they deserve.
Proudly Serving Canadians for Over 30 Years
In 2017, we reached a 30 year milestone in our story. Although a lot has changed in our 3 decades of business, one thing hasn’t: we are continuously focused on providing Canadians with the financial tools and knowledge they need to live the comfortable retirement they deserve.