Designed specifically for retirees, a reverse mortgage allows you to turn the equity in your home into accessible funds without the need to sell or move. Whether you choose a lump sum, steady monthly income, or a flexible line of credit, it provides the financial freedom to cover expenses, enjoy retirement, and maintain the lifestyle you’ve worked hard for—all while offering peace of mind and security for the years ahead.

To elaborate further, since interest payments are voluntary, you are not required to make monthly payments unless you choose to do so.