If you are 55 or older and own your home, chances are that it is where a good portion of your net worth resides. With a reverse mortgage, you can turn up to 55% of the value of your home tax-free cash.
There are a few reverse mortgage products on the market and as experienced mortgage brokers our team has access to each one. With each program, homeowners are able to borrow a portion of the value of their home tax-free based on variable such as age location. No payments are made until the home is sold, which gives borrowers the freedom and flexibility to live retirement the way they always dreamed of, using the wealth they have built without leaving the home they love!
If you are looking to free up cash from your home and live your dreams, schedule a consult at the link below.