What Is a Reverse Mortgage and Is It Right for You?
If you’re 55 or older and want to access your home’s equity without selling, a reverse mortgage could be the solution. At Trillion Sequoia Financial, we help retirees unlock financial freedom while staying in their homes.
What Is a Reverse Mortgage?
It’s a loan secured against your home that doesn’t require monthly payments. You receive tax-free cash and repay the loan when you sell or move.
Who Qualifies?
• Age 55+
• Own your home (primary residence)
• Sufficient equity
Benefits
• No monthly payments
• Tax-free lump sum or monthly income
• Stay in your home
Considerations
• Interest accrues over time
• Reduces estate value
• Must maintain property and pay taxes
Want to explore reverse mortgage options? Contact us for a personalized consultation.
CONTACT
support
cs@trillionsequoia.com
+1 (289) 633-6868
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Trillion Sequoia Financial International Inc., operating as Trillion Sequoia Financial, is licensed by the Financial Services Regulatory Authority of Ontario (FSRA), License #13795.
address
65C West Beaver Creek Road
Richmond Hill, ON, L4B 1K4, Canada
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