Canadians today face many reasons to refinance their mortgage.
Canadians have many reasons to refinance their mortgages, from lowering rates to pulling out equity for debt consolidation or home renovations. Refinancing is a financial tool available to homeowners to access their equity for whatever they need.
FOR EXAMPLE, YOU MAY HAVE BEEN WORKING AT IMPROVING YOUR CREDIT SCORE AND NOW QUALIFY FOR A NEW MORTGAGE WITH A BETTER DISCOUNT, OR YOU MAY WANT TO STABILIZE YOUR PAYMENTS BY CHANGING FROM A VARIABLE RATE MORTGAGE TO A FIXED-RATE.
Refinancing is also a good option to pull out equity for consolidating debt, home improvements, investments, college expenses, and more.
If your retirement plans include staying in your home, we can help you look at financial tools to make that happen. Retirement shouldn’t be stressful and with CHIP, it doesn’t have to be.
We understand. HomEquity bank is the only bank dedicated to empowering older Canadian homeowners with smart, simple ways to use the value of their home during retirement.
For over 25 years The Canadian Home Income Plan (CHIP) our reverse mortgage solution has helped thousands of older homeowners enjoy more financial flexibility without having to sell or move.
CHIP might be the solution for you.
President and CEO HomeEquity Bank