Reverse Mortgages
Summit Financial Strategies can assist clients over the age of 60 to access their equity and improve their lifestyle.
Reverse mortgages are lifetime mortgage products available to residential property owners over the age of 60.
The Reverse mortgage allows these clients to release funds using the equity in their property, without the need to make repayments as long as they live in their home.
Only available to those between age 60 and 85 No repayments. No income required Full repayment only due when client dies or property sold. A team member from Summit can explain in easy to understand terms how Reverse Mortgages work and if they will suit your situation.