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Genesis Reverse Mortgages: Pros and Cons

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Let us help you compare rates and lenders before you choose.

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IF you are thinking about a Reverse Mortgage Call Toll Free (866) 410-4740

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Access your home equity Income Tax Free.


  • No regular loan payments.
  • Turn some of the value of your home into cash, without having to sell it.
  • No income tax on the money you borrow.
  • This money will not affect the Old-Age Security or Guaranteed Income Supplement benefits you may be getting.
  • Maintain ownership of your home.
  • Explore the options as to when and how you receive the money.


  • Interest rates are somewhat higher.
  • Compare the equity of your home over time, ie: interest payments vs appreciation in value.
  • Your estate will have to repay the loan and interest in full within a set period of time.
  • Value of your estate depending on how you used the Reverse Mortgage funds.