Frequently Asked Questions

Canadian Reverse Mortgages

How much are the payments for a reverse mortgage?

As long as you stay in your home and meet your commitments, you won't have to pay a cent. Reverse mortgages are a long-term financial solution set up so that you don't need to make any payments until you no longer live in your home.

Quite often, our customers use their reverse mortgage to supplement their income so that they can relieve the stress of all other payments!

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.