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Reliable Source of Income
Tax Free
No Monthly Mortgage Repayments
Money can be used for any purpose
Monthly
Line of Credit
Lump Sum
Mix and Match
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If you’re like most older homeowner, you worked hard for many years to eliminate
your mortgage so you’d own your home free and clear. After what you’ve gone
through, the thought of reversing that process and rebuilding the debt owed on
your home is troubling. Furthermore, reverse mortgages are relatively new type of
loan that few people understand. And most of today’s reverse mortgage borrowers
are low-income, single seniors who have run out of other money for living expenses.
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