Reverse Mortgage
Access equity in the form of regularly scheduled payments or a lump sum, all tax free.
Accessing equity through a reverse mortgage could be the solution you need, allowing you to stay in your home without the requirement of monthly mortgage payments.
Homeowners age 55+ can access equity in the form of regularly scheduled payments or a lump sum, all tax free.
Funds can be used to supplement income, consolidate debt, complete renovations, retrofit the property, cover health care costs, and more.
The mortgage must be repaid in full on the due date which is when the property is sold, no longer owner occupied, the last borrower moves to a long term care or retirement residence, or passes away.
With the peace of mind that the amount owing on the due date will not exceed the fair market value of the property, it is an excellent solution for those looking to stay in their homes.
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Ready to see how we can help you with
a REVERSE MORTGAGE?