HomEquity Bank . undefined Email Format

Financial ServicesOntario, Canada201-500 Employees

HomeEquity Bank is a Canadian financial services institution that specializes in reverse mortgages. It stands as the country’s original and leading national provider of this product, with more than four decades of experience. It is the only federally regulated bank focused on Canadians aged 55 and older, offering its CHIP Reverse Mortgage to help homeowners access home equity while remaining in their homes for purposes such as daily living, supporting family needs, or planning a legacy.

Headquartered in Toronto, Ontario, the bank positions itself within the financial services sector as a niche lender serving the 55+ homeowner market. In January 2026, HomeEquity Bank appointed Yousry Bissada as President and CEO, signaling a leadership transition. This focus aligns with aging-in-place and wealth-management needs that view home equity as a strategic resource for Canadians in later life.

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