Your Home It's where you raised your family and built your memories. When something means this much to you, it can be hard to think about the challenges. But challenges do exist. If you're like many Canadians, you've spent much of your life working hard and diligently making your mortgage payments. Yet now that you need income the most, there’s a good chance the bulk of your net worth is locked up as equity in your home. Fortunately there's a solution. By choosing the CHIP Reverse Mortgage, you receive income in your lifetime while retaining full control of the place where you rest your head. Security. Ownership. Flexibility - CHIP Reverse Mortgage CHIP Reverse Mortgages are a useful investment tool and help thousands of average Canadians stay in their homes by helping them to meet the growing monthly expenses. Significant changes to the mortgage rules have been made by the Canadian Government, making it difficult for seniors to qualify for regular mortgages because they do not income qualify. We can help explain the basics of understanding how these mortgages work. These videos will explain many of the rules in order for you to do a reverse mortgage correctly in Canada, including what to watch out for and what loopholes can cost you money if not done correctly. A Secure Source of Income Simply put, a CHIP Reverse Mortgage available through Cashin Mortgages is a loan secured by your home with a big difference. With CHIP, you do not have to make any payments interest or principal for as long as you or your spouse live there. All you have to do is keep your property in good maintenance, pay your property taxes and property insurance. The CHIP Reverse Mortgage was created for the express purpose of helping Canadian homeowners. It is recognized by all of our country’s major banks (and many small ones) as well as credit unions and financial planners. Available through 100% Canadain owned Cashin Mortgages. How Does A CHIP Reverse Mortgage Work in Canada, Let Cashin Mortgages Help! Changing the Financial Equation If you're like many other 55+ Canadians, much of what you own fits into two categories—the equity in your home and the money you've saved. Chances are, the value of your home has grown over the years and makes up a good portion of your net worth. While having a home that has built value is a positive, you typically can’t spend that value unless you sell it. And that’s something many homeowners simply do not want to do. You're In Control with a Reverse Mortgage You worked hard to become a homeowner, and it's important to us that we keep it that way. With a CHIP Reverse Mortgage, you always maintain control of your home*. In other words, you will never be forced to sell or move as a result of changing home values or earning power (remember, there are no payments). And we guarantee the amount that you or your estate eventually has to repay will never exceed the fair market value of your home at the time it is sold.* There’s no reason your home should ever be a burden to you or your family. You Have Earned Your Home Equity We believe you have the right to access the equity in your own home, regardless of your current income or health. To benefit from a Reverse Mortgage, there’s no need to provide information about your income, or medical history. By Canadians, For Canadians A CHIP Reverse Mortgage is a Canadian financial solution that benefits Canadian homeowners. The CHIP Home Income Plan, now called a CHIP Reverse Mortgage, has been available to Canadian homeowners since 1986 and is provided by Home Equity Bank, a Schedule 1 Canadian Bank and Cashin Mortgages – 416-898-7600 or cashinmortgages.ca/ youtu.be/eOkeKjJecPw?list=PLUzllX-MDvFjQX0lC9cjd14P8ik2iXo8y

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