REVERSE MORTGAGE SUITABILITY

REVERSE MORTGAGE SUITABILITY

A reverse mortgage is not for everyone and I will be the first person to tell you if there are other, better suited solutions for you. If you are a home owner age 55 or older, wish to stay in your current home for at least three to five years and find yourself with...
APPLICATION PROCESS

APPLICATION PROCESS

Actually, it is relatively painless.  Compared to a traditional mortgage application the process which HomeEquity Bank follows is quite easy: We will spend about 20 minutes on the phone during which time I will gather information and fill out the online application...
Benefits of a CHIP Reverse Mortgage

Benefits of a CHIP Reverse Mortgage

Benefits of a CHIP Reverse Mortgage Wouldn’t it be nice if you had the money to do more of the things you want to do? A CHIP Reverse Mortgage could be just what you need. It’s the simple and sensible way to unlock the value in your home and turn it into cash to help...
History of Home Equity Bank

History of Home Equity Bank

HomeEquity Bank is a Canadian Schedule 1 Chartered Bank that has carved out a niche in the Canadian finance world by offering a unique product focused on homeowners 55 and over. HomeEquity Bank had its start in Vancouver, BC back in 1986 as the Canadian Home Income...
House Rich – Cash Poor?

House Rich – Cash Poor?

A scenario I observe all too often and a situation that many of us will find ourselves in. We are living in homes purchased years ago for a fraction of today’s market value. Wouldn’t it make sense to tap into some of that equity for any number of reasons? A kitchen or...