Lifetime mortgages are another
equity release mortgage option for mature individuals who own their own homes. Lifetime mortgages are special equity release mortgages created with those over the age of 60 in mind and will only accept mature individuals who are at least 60 years of age or more. Lifetime mortgages are similar to home reversion plan equity release mortgages in that you will be selling the bank some of your home, however, there are major differences involved as well. Talk to your banking professional today to learn more about lifetime mortgages to see if a lifetime mortgage is right for you.