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  • Reverse Mortgage Canada
    • Nov 18, 2019
    • 0 min read

Top Misconceptions of a Reverse Mortgage



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Customer Stories:

"My mortgage broker told me that CHIP could be used to help me purchase the new townhouse I wanted. With a CHIP Reverse Mortgage, my broker explained, the purchase price of the new house can consist of the down payment (pro­ceeds of the sale) and the reverse mortgage. 
With CHIP, I was able to afford the townhouse I wanted in my desired neighbourhood and still have some money left just in case. "

 

-Carol

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