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Your client’s financial security reimagined
Commonly referred to as a reverse mortgage, the Equitable Bank PATH Home Plan turns a portion of your client’s home equity into an additional source of cash – tax and payment free*. You clients will have access to a dependable source of funds while keeping home ownership within the family.
Ideal for clients in retirement, funds can be used to maximize fixed income by helping with increasing living costs, building emergency savings and supporting future family plans.
Learn more about how the PATH Home Plan can help maintain your client’s financial independence so they can live the lifestyle they want.
*Full repayment of the mortgage is due at the time the property is sold or transferred, on the date the client defaults, or after the client passes away or moves into a long-term care or retirement facility.