If you’re 55+ and own your home, the CHIP Reverse Mortgage by HomeEquity Bank offers a way to access up to 55%* of your home’s value—without selling, moving, or making monthly payments. It’s a flexible, tax-free option that can support your retirement goals.

Here’s how it can help:

Preserve Your Savings
Instead of dipping into RRSPs or TFSAs—which could trigger taxes—you can use tax-free cash from your home to let your investments keep growing.

Handle Debt or Emergencies
Pay off high-interest debt or manage surprise costs without disrupting your retirement budget.

Live Retirement Your Way
Whether it’s travel, home upgrades, or helping family, CHIP gives you freedom to enjoy retirement on your terms.

Why choose CHIP?
✅ No monthly mortgage payments
✅ You stay in your home—ownership remains yours
✅ Does not affect government benefits
✅ No Negative Equity Guarantee*

If you’re looking for financial flexibility in retirement, reach out to your Dominion Lending Centres mortgage expert to learn if CHIP is right for you.

*Some conditions apply. Survey by Ipsos for HomeEquity Bank, April 2022. Guarantee requires meeting home maintenance, insurance, and tax obligations.

– Michele McGarvey Team, Dominion Lending Centres

Did you know that professionally staged homes often sell faster and for a higher price? Regardless of market conditions, a great first impression can make all the difference.

Staging doesn’t require major renovations. Simple steps like decluttering, rearranging furniture, updating décor, and adding greenery can transform a space.

Summer is the perfect time to showcase your home:

• Let in as much natural light as possible to make rooms feel bright and spacious.
• Use light, neutral tones with a few accents to create a warm, inviting atmosphere.
• Spruce up outdoor areas—tidy the yard, add a few planters, and stage the patio or balcony to show off extra living space.

Whether you’re selling a newer home or an older character property, staging helps buyers see the full potential of your space.

– Michele McGarvey Team, Dominion Lending Centres

Fallen in love with a home that almost checks all the boxes? Maybe the kitchen needs an update or the flooring could use an upgrade—this is where a Purchase Plus Improvements mortgage can help!

This mortgage option allows you to roll the cost of certain renovations into your mortgage at the time of purchase. That means you don’t need to drain your savings or take out a high-interest loan to make your new house feel like home.

From updating bathrooms to finishing the basement, this solution is ideal for buyers who have a vision for a home that needs a little love. The key is to plan your improvements ahead of time and provide quotes to your mortgage professional during the application process.

Pair this mortgage option with the guidance of an interior designer, and you can truly turn a dated property into a dream home—all while building equity from day one.

Want to learn more about whether Purchase Plus Improvements is right for you? Our team is here to walk you through the process.

– Michele McGarvey Team, Dominion Lending Centres