If you are house-rich and cash flow poor, a Reverse Mortgage may be right for you. The amount you can qualify for is based on the age of the youngest spouse, minimum 55. You can get up to 55% of the value of your home that you can take all at once, in periodic lump sums or by monthly/annual draws. Payments are not required until the death of the owner(s) or the sale of the property. Current rates are 6.59% for a five-year fixed term. Contact me for a free, no-obligation consultation to determine if a Reverse Mortgage is right for you.