The Tax - Free cash you can get from a reverse mortgage can be used for whatever you need it for. Whether it's for eliminating debt, buying a vacation home, increasing your cash flow,or providing your family with an early inheritance - it's up to you!
You can access up to 55% of the equity in your home and receive the money in a lump sum payment, periodic installments, or a combination of the two. If you would like to learn more about how a reverse mortgage can be a tool in your financial plan, please contact Massimo De Luca.
Leave a Reply ·