Income Advantage requires no health checks. You qualify if you (and your spouse) are over 55, own your home, and use it as your primary residence.
Income Advantage lets you access up to 55% of your home’s appraised value.
Scheduled advances, either monthly or quarterly, are required. Income Advantage gives you the convenience of regular deposits right to your bank account.
No. It’s tax-free because you are unlocking home equity from your primary residence.
Yes. You or your spouse can repay the principal or interest at any time — in full or on an annual or monthly basis. (A prepayment charge may apply)
We guarantee that the amount to be repaid will never exceed the fair market value of your home. Your other assets are completely protected.
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