Reasons to consider Reverse Mortgage:
- You don't have to make any regular loan payments
- You may turn some of the value of your home into cash, without having to sell it
- You don’t have to pay tax on the money you borrow
- This money does not affect the Old-Age Security (OAS) or Guaranteed Income Supplement (GIS) benefits you may be getting
- You still own your home
- You may have options as to when and how you receive the money
