We offer CHIP reverse mortgages to help you get more out of life.
In a perfect world, you would have unlimited funds to do whatever you wanted to do. CHIP reverse mortgages can help you get the cash you need to do more of what you want, and the lending process is simple, sensible, and highly recommended by us at Centum Mortgage Store, Ltd. as a way to unlock your home’s value.
What are some of the benefits of CHIP Reverse Mortgages? Here are just a few:
- You can use the funds any way you wish, whether you need to cover unexpected expenses or you want to enjoy your retirement to the fullest.
- You do not have to make regular mortgage payments on the loan while you and your spouse live in the home.
- You keep complete ownership and control of your home.
- You get to keep all the remaining equity in your house.
Secured by the equity in your home, CHIP reverse mortgages are unlike traditional mortgages. Instead of making consistent payments to another party, a reverse mortgage provides you with regular compensation. Since you can get up to 55% of the value of your house, CHIP reverse mortgages are becoming more and more popular among homeowners here in Kelowna, British Columbia.
If you are 55 or older and looking for ways to use the equity in your home to your advantage, contact us at Centum Mortgage Store, Ltd. to find out if this lending solution is right for you. We are also happy to answer any questions you have about CHIP reverse mortgages and their many significant advantages.