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HomeEquity Bank, providers of the CHIP Reverse Mortgage, Ranks on the 2016 PROFIT 500 – Retirement Planning Options
Updated on March 13, 2023
2 min read
It is an honor to announce that HomeEquity Bank, the provider of the CHIP Reverse Mortgage, has been listed in the 28th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies by revenue growth.
HomeEquity Bank is proud to say that we are 30 plus years strong and still growing! “We’ve earned the trust of Canadians by providing excellent service and valuable products for 30-plus years. Our track record speaks for itself,” says HomeEquity Bank President and CEO, Steven Ranson.
This acknowledgment comes at a time when the cost of living in Canada is increasing, along with societal changes such as increased life expectancy and real estate trends, which is changing the way Canadians retire. Many Canadians are considering a later retirement and for those who are retired, many are struggling to make ends meet. Retirement planning is definitely becoming more of a necessity.
The biggest asset for many Canadian seniors is their home, but many of them are not ready to sell or downsize. Their family home is filled with memories and emotions they may not be willing to step away from.
HomeEquity Bank is the only financial institution in Canada that exclusively caters to Canadians aged 55+. Our products help seniors stay in their home and provides options to use home equity for maintaining and enhancing their lives. HomeEquity Bank has been trusted by thousands of Canadians as a solution that keeps up with the changing needs of its customers. Our most recent product, Income Advantage, was developed with our customers in mind. The product gives Canadian seniors a solution to their retirement planning by including their home equity.
For more information, please see our full story in the October issue of Canadian Business and at PROFITguide.com
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{"salutation_required":"Please select a salutation","first_name_required":"Please enter a valid first name","last_name_required":"Please enter a valid last name","tel_no_required":"Please enter a valid phone number","email_addr_required":"Format: name@domain.com","confirm_email_required":"Enter valid confirm email address","confirm_email_invalid":"Confirm email is invalid","first_name_invalid":"Please enter a valid first name","last_name_invalid":"Please enter a valid last name","tel_no_invalid":"Please enter a valid phone number","email_addr_invalid":"Format: name@domain.com","str_address_required":"Please enter a valid street address","str_address1_required":"Please enter a valid street address","date_of_birth_invalid":"Invalid date of birth","city_required":"Enter city","city_required_select":"Please select a city","province_select":"Please enter a province","city11_required":"Enter city","city11_required_select":"Please select a city ","province_required":"Please enter a province","post_code_required":"Format: A1A1A1","post_code1_required":"Format: A1A1A1","year_of_birth_required":"Provide date of birth","date_of_birth_required":"Provide date of birth","home_type_required":"Please select a home type","post_code_invalid":"Format: A1A1A1","post_code1_invalid":"Format: A1A1A1","estimated_market_value_required":"Please enter a home value","estimated_market_value_invalid":"Please enter a home value","first_name_max_length":"First Name should not greater than 8","chip_home_plan":"CHIP Home Income Plan","call_us_toll_free":"Call Us Toll-Free","request_your_free_guide":"Request Your Free Guide","get_started":"Get Started","learn_more":"Learn More","why_wait":"Why Wait? Get Started Today","submit":"Submit","province":"Province","province1":"Province","year_of_birth":"Birth Year","home_type":"Home Type","first_name":"First Name","last_name":"Last Name","tel_no":"Telephone Number","email_addr":"Email Address","confirm_email_addr":"Confirm Email Address","confirm_email":"Confirm Email Address","please_send_my_guide":"Please Send My Guide By Mail","please_provide_estimate":"Get a Free Estimate","str_address":"Street Address","str_address1":"Street Address","city_town_village":"City \/ Town \/ Village","city":"City \/ Town \/ Village","city_town_village11":"City \/ Town \/ Village","city11":"City \/ Town \/ Village","post_code":"Postal Code","post_code1":"Postal Code","estimated_market_value":"Estimated Home Value","success_home_income_plan":"Data is submitted Successfully","its_easy":"It\u2019s Easy! Get Started Today!","read_more":"Read More Customer Stories","thank_you":"Thank You!","thank_you_message_1":"Your CHIP Home Income Plan Guide will be sent to you shortly.","thank_you_message_2":"Your personalized estimate will be sent to you shortly","thank_you_message_invalid":"Please Try Again","ok":"Ok","month":"Birth Month","day":"Birth Day","select":"Salutation","month_of_birth":"Birth Month","date_of_birth":"Birth Day","second_home_owner":"Is there a second homeowner?","yes":"Yes","no":"No","send_by":"Send by","email":"Email","mail":"Mail","age":"Age (in years)","age_required":"Required","age_invalid":"Enter Valid Age","age1_required":"Required","age2_required":"Required","age1_invalid":"Enter Valid Age","age2_invalid":"Enter Valid Age","term_required":"Required","secured_dept_required":"Required","unsecured_dept_required":"Required","captcha_code_required":"Required","secured_dept_invalid":"Enter Valid Value","unsecured_dept_invalid":"Enter Valid Value","select_term":"Term","select_gender":"Gender","gender1_required":"Required","select_age":"Age (in years)","secureddebt_value_required":"Enter valid secured debt value","secureddebt_value_invalid":"Enter valid secured debt value","unsecureddebt_value_required":"Enter valid unsecured debt value","unsecureddebt_value_invalid":"Enter valid unsecured debt value","calculate":"Calculate"}
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