Retirement should feel secure—not financially restrictive. But for many homeowners, reduced income and unexpected expenses can create pressure at a stage of life meant for comfort and stability. That’s where home equity can become a powerful source of support.

The CHIP Reverse Mortgage, offered by HomeEquity Bank, allows Canadian homeowners aged 55 and above to access a portion of their home’s value without selling or moving. With over 25 years of experience, CHIP has helped thousands of retirees unlock financial flexibility while continuing to live in the home they love. There are no required monthly payments, no income requirements, and no credit checks. You can receive funds as a lump sum, ongoing payments, or a combination—while still maintaining full ownership of your home.