Frequently Asked Questions

Canadian Reverse Mortgages

Are there different options to receive my money?

Yes! There are a few different options. You can take a lump sum payment. Or you can take a lump sump, and then additional payments spread out monthly or quarterly.

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.