Working With Us

HomeEquity Bank is the only bank dedicated to providing Canadian homeowners who are 55+ with smart and simple solutions for enjoying the retirement they deserve. We know that for many people 55+, retirement can be a challenge when the unexpected happens: cash flow is less than planned; the desire to help kids without tapping into savings; or a major unexpected circumstance arises. We understand helping your clients is your top priority, and HomeEquity Bank is here to help make that happen.

HomeEquity Bank values every one of the strong partnerships in our 30+ years of business, and each one has been crucial to helping Canadians live a better retirement.


Only reverse mortgage provider to be recommended by CARP.


Only bank dedicated exclusively to Canadian 55+.


Over 30 years of experience with reverse mortgages.


Only bank exclusively focused on reverse mortgages.


Clients are never asked to move or sell.


Independent legal advice requirement protects clients.


Clients continue their everyday banking relationship.


No hidden fees.

There are one time fees to arrange a reverse mortgage such as an appraisal fee, a fee for independent legal advice, as well as our fee for administration, title insurance, and registration. With the exception of the appraisal fee, these fees are paid for with the funding dollars.

No. Many financial professionals recommend a reverse mortgage to supplement monthly income instead of selling and downsizing, or taking out a conventional mortgage or a line of credit.

Many of our clients use a reverse mortgage to pay off their existing mortgage and debts.

No. Your client retains title and maintains ownership of the home. It’s required for your client to live in the home, pay taxes on time, have property insurance, and maintain the property in good condition.

There are no monthly payments required as long as your client is living in the home.


If you want to learn more about HomeEquity Bank and how a CHIP Reverse Mortgage can help your clients, contact one of our Business Development Managers today.