Maria is the Business Development Manager for the northern Calgary region up to, and including, the Sylvan Lake region. With over 21 years of previous experience at ATB Financial in various capacities including being a Branch Manager, Maria is most passionate about helping seniors and seeing the joy that HomEquity Bank products have given her clients during their golden years.
Maria grew up in Barbados, moved to Edmonton, and has been in Calgary for over 20 years.
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A reverse mortgage is a loan secured against the value of your home. Unlike a loan or a regular mortgage, with CHIP you are not required to make payments. You only repay the loan when you move or sell your home.
You’ve worked hard to own your home. Now get your home working for you to:
You are required to keep your property in good maintenance, pay your property taxes and property insurance.
The amount you are eligible to receive depends on your age, age of your spouse, your home value, type of property and location of your home.
You will remain the owner of your home and can stay in it as long as you wish. CHIP will never ask you to move or sell. You and/or your spouse can stay in your home as long as you wish provided you: pay your property taxes and home insurance, keep property in good maintenance.
We work with independent financial advisors as well as chartered banks, mortgage brokers, credit unions, and investment and financial planning firms across Canada. Our goal is to help as many seniors as possible benefit from the equity they’ve built up in their home.
"Doing something like a reverse mortgage really gave us the freedom to use that money in whatever way we wanted. We've used it to make repairs to the house and we've used a little bit of it for a vacation. It’s a safe way of getting some of the equity in your home freed up for use by people who are no longer on salaried income."
- Donald & Emily