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HomeEquity Bank is a Schedule I Canadian bank and is the only provider exclusively focused on reverse mortgages for homeowners aged 55 and over. HomeEquity Bank is a privately held company and helps Canadians live retirement their way by providing a safe, secure, and easy way to access the equity they’ve built up in their homes through their financial solutions, the CHIP Reverse Mortgage® and Income Advantage®. HomeEquity Bank has been the leader of reverse mortgages in Canada since its inception in 1986. HomeEquity 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.

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HomeEquity Bank Questions

The HomeEquity Bank annual revenue was $98 million in 2024.

Steven Ranson is the President and Chief Executive Officer of HomeEquity Bank.

345 people are employed at HomeEquity Bank.

HomeEquity Bank is based in Toronto, Ontario.

The NAICS codes for HomeEquity Bank are [522, 52, 522110, 52231, 5221, 52211, 5223].

The SIC codes for HomeEquity Bank are [616, 61].

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