Reverse Chip Mortgage

Discover how you can stay in the home you love and live a comfortable lifestyle

Benefits of the chip reverse mortgage 

You always own your home

The lender is not in the homeownership business. Instead, we are here to provide you with a unique financial product designed to provide you with the cash you need, when you need it.

No regular monthly payments

You are not required to make regular mortgage payments for as long as your home is your primary residence

Tax-free

All funds acquired through chip are tax-free and do not affect your OAS or CPP

With expertise in the Canadian mortgage industry, Blue Chip Mortgage Corporation will help you get the most out of your chip mortgage . 

A customizable solution

Access up to 55% of the value of your home and receive the funds in the amount you desire in one lump-sum. You can also get monthly/quarterly installments, or a combination of a lump-sum and installments .

Our experienced Toronto mortgage advisors, who have extensive knowledge of the mortgage industry, will provide the necessary guidance that you need in making the right Chip Reverse mortgage