
reverse mortgages


Bloom unveils new home equity prepaid Mastercard as novel way for seniors to fund retirement
A first-of-its-kind product by Toronto-based Bloom Financial is offering an innovative solution for seniors struggling to fund their retirement in the face of rising costs.

Financial freedom for Canadians 55+: HomeEquity Bank boosts CHIP Reverse Mortgage support for the broker channel
HomeEquity Bank is steadfastly committed to providing older Canadians with the means to enjoy their retirement years with greater confidence by enhancing our efforts to collaborate with the mortgage broker channel.

Why I reversed my thoughts on reverse mortgages
Reverse mortgages have long been a financial product shrouded in misconception, both for consumers and financial mortgage professionals.

Grow your business: Broker Launchpad gives you the tools you need to succeed
In today’s challenging economic climate, it’s more important than ever to stay top of mind with clients to expand your reach and grow your business.

Is the CHIP Reverse Mortgage in your lending portfolio? Here’s why it should be
To continue growing their business, savvy brokers will need to expand their product offerings and offer lending solutions that meet their clients’ changing needs. The CHIP Reverse Mortgage by HomeEquity Bank is a solution that is tailor-made for the shifting economic climate.

Reverse mortgages: A financial solution made for today
The CHIP Reverse Mortgage from HomeEquity Bank allows Canadian homeowners age 55+ to access up to 55% of their home’s value and turn it into tax-free cash without having to move or sell.

Reverse mortgages are booming amid Canada’s turbulent rate environment
High rates haven’t stopped Canadians from tapping their home equity by way of reverse mortgages.

The Latest in Mortgage News: CMHC sees chance of a recession if BoC policy rate hits 3.5%
As the Bank of Canada continues to hike interest rates, the country’s housing agency sees the chance of a recession growing the higher rates go.

Canadians want to age in place and are turning to reverse mortgages to make that happen
More than 9 out of 10 Canadians want to be able to live out their retirement years in the comfort of their home, and reverse mortgages are increasingly being used to make that a reality.