Did you know?
May 24, 2022Safeguards
May 31, 2022
For more than three decades, reverse mortgages has enabled tens of thousands of people across the country to access up to 55% of the value of their home, not just boosting their finances but providing them with freedom and flexibility. BUT, despite this proven track record, misconceptions around how a reverse mortgage actually works persist.
Two of the most common myths are that people will end up owing more than the property is worth and/or lose ownership of their home, but neither of those are true. There are safeguards in place to ensure your equity is kept safe and secure.