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Reverse Mortgages

Reverse Mortgages

HomEquity’s New Reverse Mortgage Certification Program

As reverse mortgages become more mainstream, it will become increasingly important for mortgage brokers to master their intricacies. To assist in that, HomEquity Bank... Read More
Reverse Mortgages

Seniors Can Now Tap More Equity

Earlier this year HomEquity Bank increased its maximum loan-to-value on a reverse mortgage to 55% (in some cases slightly more).... Read More
Mortgage Broker NewsReverse Mortgages

HomEquity Bank Ups Comp

There’s been a slow but sure trend in our business. Lenders are very gradually cutting back on sales compensation. Reverse... Read More
Mortgage RegulationsReverse Mortgages

OSFI & Reverse Mortgages

The new OSFI underwriting guidelines make reference to a 65% loan-to-value limit for reverse mortgages. When that guideline came out,... Read More
Reverse Mortgages

CHIP Rates Get More Competitive

Today’s 5-year fixed CHIP reverse mortgage rate is the lowest we’ve ever seen. It’s now down to 5.50%, effective last week.... Read More
Mortgage Broker NewsReverse Mortgages

Reverse Mortgage Showdown

From an investment standpoint, few mortgage lenders present a better risk/reward than HomEquity Bank, a subsidiary of HOMEQ. Its product,... Read More
Mortgage Rate TrendsReverse Mortgages

CHIP Rates Drop

CHIP reverse mortgage rates are relatively “sticky.” They don’t change as often as regular mortgage rates. That makes HOMEQ’s recent rate... Read More
Reverse Mortgages

Why CHIP Rates Remain High

Most interest rates have dropped to historic lows in recent years…but not all of them. One that hasn’t is the... Read More
Mortgage Broker NewsReverse Mortgages

CHIP Reverse Mortgage Volumes Not Surprising to Some

One of the most evident trends in financial services is the growing demand for reverse mortgages. HomEquity Bank confirmed that... Read More
Reverse Mortgages

Reverse Mortgage Facts

Noteworthy reverse mortgage stats from the Globe’s Rob Carrick: 36% — Average amount of home equity borrowed with a reverse... Read More
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  • Latest News
    • Mortgage Broker News
    • Mortgage Rate Trends
    • Mortgage Tips & Advice
    • Mortgage Industry Reports
    • Mortgage Regulations
    • New Mortgage Products
    • Government Related
  • The Job Board
    • View Latest Jobs
    • Employer Panel
    • How to Purchase Job Packs
    • How to Become a Mortgage Professional in Canada
  • Resources
    • Calculators
    • Mortgage Rates and Indices
  • About Us
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