07/25/2025
Homeowners who bought decades ago โ especially in places like the Bay Area โ may be sitting on massive equity. But what can they actually do with it?
In this clip, Maggie Castillo explains how reverse mortgages allow long-time homeowners to access tax-free cash from their home equity, without selling or taking on a monthly payment.
๐ Key takeaways:
Reverse mortgage funds are tax-free
You borrow against a portion of your home equity โ not the full amount
Itโs ideal for those whoโve been in their homes 30+ years and want to stay put, but unlock financial flexibility
This could be a game-changer for retirees in high-value areas like the Bay Area.
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