HomEquity Bank is a Schedule I Canadian bank and is the only national provider of reverse mortgages to homeowners aged 55 and over, Canada's fastest growing demographic segment. HomEquity Bank is a privately held company and provides customers with the CHIP Reverse Mortgage product as well as the Income Advantage product. HomEquity Bank has been the leader of the reverse mortgage solution in Canada since its inception in 1986. HomEquity Bank has an effective direct-to-consumer distribution model as well as a well-established network of referral partners. This extensive partner network includes all major Canadian banks, credit unions, mortgage brokers, and financial planning firms.