Here is a brief summary of what the CHIP plan is and what it can do for you:
- CHIP is available to home owners age 55+
- A CHIP Home Income Plan is a loan secured by the equity in your home. Without having to sell your home, you can receive up to 50% of the value of your home.
- You do not have to make any payments - interest or principal - for as long as you or your spouse live in your home. You maintain ownership and control of your home while enjoying all the benefits of having converted some of its value into readily accessible, tax-free cash flow.
Rita Matthews, AMP
CEO & Mortgage Broker
780 444 4902
rita@themortgagemaster.ca
CEO & Mortgage Broker
780 444 4902
rita@themortgagemaster.ca
Bob Hanscom, AMP
Mortgage Associate
780 450 1727
bob@themortgagemaster.ca
Mortgage Associate
780 450 1727
bob@themortgagemaster.ca