Reverse Mortgage Rates

The following is a summary of the current CHIP Reverse Mortgage interest rates and terms offered by HomeEquity Bank. Lotus Income will work on your behalf to find the optimal interest rate with the best terms for your situation. Rates may vary from other lenders.

Canadian Interest Rates

LAST OBSERVED: 2022-03-21

Fine Print: Rates shown are Annual Percentage Rate or APR - it's a rate based on the actual estimated yearly costs needed to borrow a $150,000 loan over five years using a reverse mortgage. 

When comparing rates, please make sure you ask for APR, it's s more accurate way to compare!


Variable rate


1 year


3 year


5 year

Lotus Income

© 2022 Lotus Income - Specializing in Canadian Reverse Mortgages.  Although we make every attempt to ensure our reverse mortgage information is correct, Lotus Income does not guarantee the accuracy of the information on our website. Please speak to a mortgage broker for the latest details.  Site last updated: Jan 12, 2022.