A reverse mortgage is a simple way to turn a portion of your home into tax free cash.
No required monthly payments
You will never owe more than the value of your home, as long as you meet mortgage obligations.
Use the money for whatever you want, pay off mortgage and other debt, renovate your home, gift a down payment to someone, manage your living expenses, a trip.
As long as you are 55 or older, your home is your principal residence you can apply.