NOTE: This event is exclusive to LSG sales representatives, partners, and investors.
Learn from Clifford Choy at Home Equity Bank in an informative session about helping senior clients with limited or no provable income.
Discover the unique financial product, the CHIP mortgage (Canadian Home Income Plan), designed for Canadians aged 55 and older. With this mortgage, seniors can access tax-free cash from their home equity without monthly payments, as interest accrues and is repaid when the home is sold or the homeowner passes away. This solution offers retirees additional income to enhance their retirement, cover medical expenses, or address financial needs while allowing them to remain in their homes. It’s a valuable option for unlocking real estate wealth without the burden of conventional mortgage payments.
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