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Process

Retire Your Own Way, On Your Own Terms


Process To Receive And Use Your Cash

Stress-Free Application Process

Lotus Income Is Independent From The Banks.

Our Service Is 100% Free To You, The Homeowner.

We are paid by the lender.

  • 1
    Get in touch with us by clicking here and answering 3 simple questions.
  • 2
    We patiently answer any questions you have and tell you how much money you could qualify for.
  • 3
    As experts, we simplify and streamline the application process for you.
  • 4
    After applying, we arrange a home appraisal for you.
  • 5
    You review your personalized reverse mortgage offer with an independent lawyer of your choice. We can also give you a list of lawyers in your area.
  • 6
    Receive your money.

Application Costs

Eligible Property Types

Documentation Requirements

Subsequent Advances

Prepayment

Porting A Reverse Mortgage To Another Property (Portability)

“We decided to build a sunroom so we could enjoy some fall and winter sun without having to travel. My reverse mortgage let me build my sunroom without having to make loan payments.” - Bob H