Lotus Loans & Mortgages Corp. wants to introduce you to a new lending concept that is similar to a Reverse Mortgage but without any age restrictions. With this new product,  Lotus Loans & Mortgages Corp. can offer a no payment mortgage with almost no income proof requirement. The lender only lends to just under 50% of your home value but all you need is a credit score over 660 to quality. It is an amazing temporary solution that is better than a private mortgage if you fit the box. Rates are lower than private mortgages and the mortgage is open to pay out anytime in full without penalty. If you or someone you know is in need of funds and your bank has turned you down because you are not income qualified, please reach out to our mortgage providers in Mississauga, ON. We are here to help!