If you are a homeowner over the age of 62 and are interested in having more money to enjoy your life, help support a loved one or pay off medical expenses, a reverse mortgage can give you immediate access to your money - tax free!
You can choose to receive the additional income from your reverse mortgage as a monthly payment, in one lump sum amount, as a line of credit, or any combination of these options.
Unlike traditional home loans or second mortgages, no repayment is required until you no longer occupy the property as your primary residence.
Visit One Reverse Mortgage for more information on whether a reverse mortgage is right for you.