If you are looking for a way to increase your monthly cash flow or finance repairs or improvements on your home, one great way to do it is through a reverse mortgage. With a reverse mortgage, you can supplement your income by pulling equity out of your home. You may use this equity in any way you like.
A reverse mortgage is not the right option for everyone—it all depends on your individual finances. But in many cases, it is the perfect choice if you are trying to increase the liquidity of your assets while remaining in your home.