CHIP Reverse Mortgage
Toronto
About CHIP Reverse Mortgage
HomeEquity Bank is a Schedule I Canadian bank and is the only provider exclusively focused on reverse mortgages for homeowners aged 55 and over. HomeEquity Bank is a privately held company and helps Canadians live retirement their way by providing a safe, secure, and easy way to access the equity they’ve built up in their homes through their financial solutions, the CHIP Reverse Mortgage® and Income Advantage®.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 101 – 250
- Total funding: $292.3M
- Funding stage: Private Equity
- Last round: Debt Financing (May 2025)
- Website: chip.ca
- Phone: 1 416-925-2447
Industries & Categories
Financial Services
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