Homeq Servicing Corporation is the servicing arm of HomeEquity Bank, a Schedule I Canadian bank and the sole national provider of the CHIP Reverse Mortgage. The corporation's primary function is to manage and administer the mortgage accounts for all HomeEquity Bank clients. This includes handling customer inquiries, processing transactions, managing loan statements, and providing ongoing support throughout the life of the mortgage. The company exclusively serves Canadian homeowners aged 55 and older who have utilized HomeEquity Bank's reverse mortgage products to access equity from their homes.

Founded in

United States