Did you know?May 24, 2022
SafeguardsMay 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.