Reverse Mortgages 

A relative newcomer to the finance scene that’s growing in popularity – particularly with seniors who have paid off their mortgages – is the aptly named Reverse Mortgage. This allows older homeowners to convert part of their home equity into a regular "pension" income that can last as long as they live.  You should at least consider whether a reverse mortgage might be appropriate for you – or your parents or grandparents who are "asset rich" but cash poor. Talk it over with a Naritas specialist. A confidential discussion costs nothing except a little time and is obligation free.

Reverse Mortgages work in the opposite way to a home loan and are popular with individuals looking to tap into the equity on their property.The main advantage of a reverse mortgage over traditional home equity loans is that you don't pay principal or interest on their loans until you sell your home or pass away. Naritas will guide you through the process of securing the most suitable Reverse Mortgage for your situation.