CHIP OPEN is the latest product in Home Equity Bank’s line of solutions for those of us 55 years of age and over. Once more a product that is secured by your home. It provides a solution for short term goals where other financing would be too expensive or cumbersome to arrange. Perhaps you are unable to qualify for traditional financing due to fixed income constraints.
As with all the Home Equity Bank products the CHIP OPEN has:
- No payments required
- Interest is calculated only on the amount borrowed
CHIP OPEN also has the additional features:
- No prepayment penalty for full payments
- Ability to covert to a CHIP Reverse Mortgage product should a longer-term solution be required
This financing can be used to:
- Take advantage of an investment opportunity
- Pay off debt
- Cover unexpected expenses
- Bridge financing when buying and selling properties
CONTACT ME ANYTIME! firstname.lastname@example.org 250-644-4002
Contact me anytime!
Nicolle Dupont | Mortgage Professional
The first step is to start a conversation with me via email or phone.
You will be communicating only with me, not an assistant or call centre.