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When you want to stay in your home but need additional funds
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If you're asset-rich but cash-poor in retirement
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When other income sources are limited
- Age requirements: Available to homeowners 60 years and older
- No regular repayments: Loan typically repaid when you sell, move out, or pass away
- Flexible access: Choose lump sum, regular payments, or line of credit
- Interest rates: Generally higher than standard home loans
- Impact on inheritance: May reduce equity available to beneficiaries
- No negative equity guarantee: You won't owe more than your home's value
Our experienced team can guide you through the process, helping you understand if a reverse mortgage suits your situation. We'll work with you to find a solution that meets your needs while ensuring you're fully informed about the long-term implications.