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Dear Subscriber, HomeEquity Bank has recently announced that they have boosted their commission rate to 175 bps for the rest of 2021! This supercharged new commission applies to all deals with an initial advance amount of $250K and which fund before January 15, 2022. The CHIP Reverse Mortgage from HomeEquity Bank allows your clients age 55+ to access up to 55% of the value of their home in tax-free cash. What they spend the funds on is entirely up to them, whether that’s funding their retirement, consolidating debt, helping children or grandchildren and even renovating their home. With this boosted commission, there’s never been a better time to help your clients get the most out of their homes and live their retirement on their terms! But that’s not all. HomeEquity Bank’s minimum commission means you’ll never earn less than $1,500 on all CHIP and CHIP Max Reverse Mortgages and at least $750 on Income Advantage mortgages. Furthermore, when you fund larger mortgages, there are no caps on the amount of commission you could earn. If you already have a HomeEquity Bank BDM, you can reach out to them for more information. If not, please click on the link below to connect with a BDM and find out more about the CHIP Reverse Mortgage and how simple and easy it is to refer a client. |
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1881 Yonge Street Suite 300, Toronto ON M4S 3C4 HomeEquity Bank TM | All Rights Reserved. Promotional commission rate of 175 bps applies for a limited time to mortgages that fund before January 15th, 2022 and to mortgage brokers only. CHIP Open mortgages do not qualify. Program is subject to change. You received this email because you are subscribed to Marketing Information from HomeEquity Bank. |
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