Independent Legal Advisor Introduction Service

We invite you to enroll in our Independent Legal Advisor (ILA) Introduction Service for CHIP Home Income Plan clients.

A CHIP Home Income Plan is a simple and sensible financial solution that enables homeowners age 55 and over to unlock up to 50% of the equity in their homes tax-free.

CHIP Home Income Plan is provided by HomEquity Bank, a Schedule I Canadian Bank.  HomEquity Bank is a wholly owned subsidiary of HOMEQ Corporation, a TSX-listed company.   We have been Canada’s leading provider of reverse mortgages for more than twenty years.

Prior to receiving the proceeds from a CHIP Home Income Plan, we require that all of our clients retain independent legal representation to review the contract and ensure that they have freely entered into a CHIP Home Income Plan with a full understanding of all the terms and conditions.

Many of our CHIP clients request a referral to legal counsel. As a result, we have developed an Independent Legal Advisor (ILA) Introduction Service that matches local ILAs to senior clients based on their geographic proximity to the client’s home.