Reverse Mortgage

Are you retired, own your own home but have little cash to live on?

If you are asset-rich but cash-poor, this could be the loan for you.

A Reverse Mortgage allows seniors to borrow against the equity in their home for any purpose.

No loan repayments are required to be paid unless you sell the property or the last surviving spouse has passed away at which time the loan is repaid.

All interest, fees and charges are added to the loan.

It is essential that you obtain appropriate financial and legal advice before you take out a reverse mortgage.