Reverse Mortgages – Debunking the Myths …….

Reverse mortgages or Equity release allows home owners to remain in your home, retain ownership and assist yourself or loved ones with lump sum of funds, gifted down payment or supplement income needs without the stress of making monthly mortgage payments.

As clients are entering retirement years, some are faced with income challenges and increasing expenses while many have increased their net worth (value of your home) by simply doing nothing more than living your lives in your home and the neighbourhood increasing in value over that time.

What to do?? An equity release might be right for you, as indicated above, you can use the equity in your home to pay bills, help a family member or even to invest in another property to generate income.

There are many myths about this product and you can even make payments on this loan should you sit.

Owning a home has been a true accomplishment, now might be the time to let the house work for you?

Let’s connect and discuss further.