HOME RATES ABOUT SERVICES VIDEO BLOG CONTACT ME TEAM
AGENT LICENSE ID
M16001597
BROKERAGE LICENSE ID
10349
Anil Gupta Agent

Anil Gupta

Agent


Phone:
Address:
7676 Woodbine Ave, Suite 300, Markham, Ontario

BROWSE

PARTNERS

COMPLETE

THE SURVEY

REFER

A FRIEND

Chip Mortgage/Reverse Mortgage

5/8/2017

We provide financial assistance to the home owners above 55 years of age, where most of the time no one is there to help them and advice them, buy providing them CHIP Mortgage/Reverse Mortgage
What is a Chip/Reverse Mortgage?
A reverse mortgage is a loan that is designed for homeowners 55 years of age and older. 
A reverse mortgage is secured by the equity in the home, which is the difference between the value of your home and the unpaid balance of any current mortgage. It allows homeowners to obtain cash without having to sell their home.
• Reverse Mortgages in Canada
I am mortgage adviser at Northwood Mortgage , a licensed mortgage provider comprised of a large team of highly trained mortgage professionals.
Their employees have developed an extensive knowledge of the Canadian Mortgage Market based on our exposure to it for the more than 25 years.
We are proud to represent quality products like A CHIP Reverse Mortgage, which 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.
Despite the fact that reverse mortgages have been around since 1986, many do not know these key benefits:
 the bank DOES NOT own your home,
 credit score and income verification is NOT required,
 no monthly payments are required as long as you own the home!
For more information please contact :

MY LENDERS

Scotia Bank TD Bank First National EQ Bank MCAP Merix
Home Trust CMLS Manulife RFA B2B Bank Community Trust
Lifecycle Mortgage ICICI Bank Radius Financial HomeEquity Bank CMI Bridgewater
Sequence Capital Wealth One Fisgard Capital Bloom Financial NationalBank