Finance

$250 cash rebate when your CHIP Reverse Mortgage is funded

At HomeEquity Bank · through CARP

CARP members get a $250 cash rebate when their CHIP Reverse Mortgage from HomeEquity Bank is funded. The CHIP Reverse Mortgage lets Canadian homeowners aged 55 and over turn part of their home's value into tax-free cash with no regular mortgage payments.

Conditions: Rebate is paid once the mortgage is funded. Some conditions apply. CARP membership required; claim the offer through the CARP member benefits page.

Check the details on CARP’s own page