Monetary freedom for Canadians 55+: HomeEquity Financial institution boosts CHIP Reverse Mortgage assist for the dealer channel


As Canada’s demographic panorama undergoes ongoing adjustments, contemporary and unexplored prospects are arising throughout the monetary sector.

With greater than 1 / 4 of the Canadian inhabitants now surpassing the age of 55, and almost 70% of this demographic being householders, with 60% having paid off their mortgages, a notable market has emerged. This demographic shift presents a requirement for creative monetary options, particularly within the area of reverse mortgages.

HomeEquity Financial institution is steadfastly dedicated to offering older Canadians with the means to take pleasure in their retirement years with higher confidence. We perceive that financial landscapes are shifting, and to satisfy these new challenges head-on, we’re enhancing our efforts to collaborate with the mortgage dealer channel.

Rising our dealer crew throughout Canada

One of many cornerstones of our method is the strengthening of our dealer crew. We perceive that our dealer companions are the lifeblood of our enterprise, and their success is our success. As such, we’re rising our assist on the dealer channel by introducing a brand new function, efficient January 1, 2024, referred to as Enterprise Improvement Associates (BDA).

The BDA will function from a distant base, supporting broader markets and aiding in onboarding and educating new brokers concerned about including the CHIP Reverse Mortgage to their product lineup. This enlargement means much more assist, assets, and alternatives for brokers to serve their shoppers higher.

Our Enterprise Improvement Managers (BDMs) are reverse mortgage specialists, totally geared up to supply added worth assist to key brokers inside their native markets, and they’re going to proceed to work solely with choose brokers to foster the expansion of their reverse mortgage enterprise and allow them to cater to the evolving wants of the 55+ demographic group.

Streamlined underwriting and fulfilment processes

Pace and effectivity are essential in terms of monetary options. We’ve at all times prided ourselves on offering quick approvals, and now we’re taking it a step additional.

Our underwriting and fulfilment processes are being refined to construct on our already spectacular pace. Which means that shoppers can benefit from the peace of thoughts that comes with a speedy and easy course of.

We perceive the significance of delivering on our guarantees. By streamlining these processes, we’re guaranteeing that shoppers obtain the monetary assist they want once they want it, all with the assistance of their trusted mortgage dealer.

Simplified and enhanced fee construction

We perceive that our dealer companions play a vital function in serving to older Canadians obtain their monetary objectives. To indicate our appreciation, we’re simplifying and enhancing our fee construction for brokers. This implies extra simple and aggressive compensation for the precious work you do. We need to be sure that your exhausting work is duly rewarded and that our partnership stays mutually useful.

A singular concentrate on Canadians 55+

As we navigate the ever-evolving financial panorama, HomeEquity Financial institution stays steadfastly devoted to our core mission: offering monetary options for Canadians 55+. We perceive the distinctive challenges and alternatives that include retirement, and we’re right here to assist our shoppers benefit from their “higher” years.

Distinctive buyer experiences

From the very first inquiry to the continuing assist as buyer wants evolve, HomeEquity Financial institution is dedicated to delivering highly-rated buyer experiences. We perceive that the journey to monetary freedom might be difficult, and we’re right here to make it as easy and stress-free as potential.

Our devoted buyer assist crew is able to help at each step of the best way. We pleasure ourselves on being approachable, educated and responsive, guaranteeing that shoppers have the perfect expertise potential when navigating the world of reverse mortgages.

We rock!

It’s not only a catchy slogan; it’s a testomony to our dedication to excellence. We’re enthusiastic about what we do, and we’re right here to make an actual distinction within the lives of Canadians 55+. Once you select HomeEquity Financial institution and the CHIP Reverse Mortgage, you’re selecting a companion who’s devoted to your monetary well-being.

Why select the CHIP Reverse Mortgage by HomeEquity Financial institution?

  • Expertise: With over 37 years of experience within the Canadian market, HomeEquity Financial institution is a trusted identify in reverse mortgages.
  • Dedication: We’re singularly centered on offering reverse mortgage options to Canadians 55+, due to this fact, we all know this market greater than anybody else in Canada.
  • Effectivity: Our streamlined underwriting and fulfilment processes guarantee quick approvals, permitting shoppers to entry their fairness promptly.
  • Help: Our rising dealer crew throughout Canada is right here to offer you personalised help and steering each step of the best way.
  • Aggressive compensation: We provide a simplified and enhanced fee construction for our valued dealer companions.
  • Excellent customer support: From inquiry to fulfilment and ongoing assist, we’re dedicated to delivering top-notch buyer experiences.

Be a part of us in our mission to empower Canadians 55+ to safe their monetary futures. HomeEquity Financial institution is doubling down on the Mortgage Dealer Channel, and we’re excited to share this journey with you.

Collectively, we are able to unlock the potential of your shopper’s residence and create a brighter, safer future for all. It’s time to embrace the probabilities and assist your shoppers benefit from the retirement they deserve. HomeEquity Financial institution – Your Companion in Monetary Freedom.

Contact your BDM/BDA to seek out out extra, or go to our web site for extra data.