What is a Reverse Mortgage?

By |2019-06-09T03:20:37+00:00May 21st, 2019|Home Loans|

A reverse mortgage is a type of home loan facility that allows you to borrow funds using the equity in your home as security. The loan can be taken as a lump sum, a regular income stream, a line of credit or a combination of these options. Interest is charged like any other home