A reverse mortgage allows homeowners aged 55 and older to access up to 55 percent of their homes appraised value while continuing to own and live in it.

You receive the funds tax-free, and no monthly mortgage payments are required until you sell or move out. Interest accumulates over time, and repayment happens when the home is sold or the mortgage is paid off.

Key benefits:

• No monthly payments required

• Tax-free funds you can use however you wish

• Maintain full ownership and title to your home

• Flexible options: lump sum or scheduled payments

• Keep living in your home for as long as you choose

• Access capital appreciation of the property in the future

Reverse mortgages are designed to help you enjoy your retirement with financial confidence while staying in the home you love.

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