Frequently Asked Questions

Canadian Reverse Mortgages

What fees are required to get a reverse mortgage?

With the exception of an appraisal fee, all fees are paid from your reverse mortgage. These fees may include:

  • Legal advice
  • Title insurance
  • Registration
  • Minor administration fees

Lotus Income

© 2022 Lotus Income - Specializing in Canadian Reverse Mortgages.  Although we make every attempt to ensure our reverse mortgage information is correct, Lotus Income does not guarantee the accuracy of the information on our website. Please speak to a mortgage broker for the latest details.  Site last updated: Jan 12, 2022.