Canadians today face many reasons to refinance their mortgage. For example, you may have been working at improving your credit score and now qualify for a new mortgage with a better discount, or you may want to stabilize your payments by changing from a variable rate mortgage to a fixed-rate.
REFINANCING IS ALSO A GOOD OPTION TO PULL OUT EQUITY FOR CONSOLIDATING DEBT, HOME IMPROVEMENTS, INVESTMENTS, COLLEGE EXPENSES, AND MORE.
For over 25 years The Canadian Home Income Plan (CHIP) our reverse mortgage solution has helped thousands of older homeowners enjoy more financial flexibility without having to sell or move. CHIP might be the solution for you.