🏡 Reverse Mortgage Explained: How to Tap into Your Home’s Equity 💰

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 30/10/2025

💡 What Is a Reverse Mortgage? A reverse mortgage is a loan that lets homeowners aged 62+ tap into their home’s built-up equity. Instead of you paying the bank each month, the bank pays you — in a lump sum, monthly payments, or through a line of credit. The loan balance grows over time and is repaid when you sell the home, move out, or pass away.