Many Canadians wonder if getting a reverse mortgage means the bank will own their home. The truth is, with a reverse mortgage in Canada, you remain the owner and stay on the title, just as you would with a traditional mortgage. The lender simply registers a lien against your property, which is repaid when you sell or move out. This blog post dispels common reverse mortgage myths and explains how products like the CHIP mortgage allow you to access your home equity while maintaining full ownership and control of your property.