CHIP Reverse Mortgages
Get the best mortgage!
We are a certified CHIP Reverse Mortgage Broker. This page is under construction and will be launched soon to provide you with information about CHIP Reverse Mortgages,
With CHIP Reverse Mortgages you can
→ Pay off debts
→ Fix up your home
→ Cover monthly expenses
The short version is that it's a financial solution designed for senior Canadian homeowners.
• You can access up to 55% of the value of your home
• You always maintain ownership of your home and never have to move or sell
• There are no payments required
• You can receive your tax-free cash over time or one lump sum
The short verision is that the Income Advantage from HomEquity Bank is a loan secured against the value of your home.
It lets you convert part of your home equity into cash — without requiring you to sell or move.
Depending on your circumstances, Income Advantage may be the right tool to help:
- Provide you with additional income;
- Preserve your investment portfolio longer;
- Lower your tax liability long term*
Income Advantage gives you choice and flexibility. You maintain complete ownership and control of your home. You can access your money in monthly installments or initial and periodic advances.
ZANDERS & Associates Mortgage Brokers Inc. is a certified CHIP Reverse Mortgage specialist. Also known as Canadian Home Income Plan. This product requires no income qualifcations, no credit qualifcations and no payments. They provide CHIP Reverse mortgages all throughout BC. From Port Moody, Coquitlam, Port Coquitlam, Pitt Meadows, Maple Ridge, Mission, Abbotsford, Langley, Surrey, Delta, Richmond, New Westminster, Burnaby, Richmond, West Vancouver, East Vancouver, Vancouver, North Vancouver, Whistler, Squamish, Victoria, Powell River, Nanaimo, Fort St. John, Dawson City, Kelowna, Penticton and all of BC.