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Reverse Mortgage

Are you 62 and older, have equity in your home and wish to take the right steps towards building financial security? Look no further! A Reverse Mortgage Loan might be the right product for you!

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Reverse What You Know About Reverse Mortgages

There are many misconceptions about reverse mortgages. We are here to set the record straight!

A reverse mortgage is made to help individuals attain financial security once they’ve reached retirement age. With a reverse mortgage you can:

  • Supplement your monthly income.
  • Pay for healthcare services.
  • Make home improvements.
  • And much more!
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Why A Reverse Mortgage?

Reverse mortgages are made for people aged 62 and older who are seeking to live their retirement years without financial worries.

If you have equity in your home, want to stay financially independent, and wish to maintain your current lifestyle, this is the right product for you. With a reverse mortgage, you can eliminate your monthly mortgage payment (except for insurances, taxes, and fees) and obtain cash through a line of credit that does not expire.

The best part of a reverse mortgage is you get to retain ownership of your home and live in it for as long as you want, without worrying about expenses from unforeseen events such as high medical bills, the loss of a loved one, long-term care, and others.

Everyone has different circumstances and not all loans are suitable for everyone. If you have questions about reverse mortgages, please call  (800) 203-3051 to speak to one of our specialists.

Who’s eligible for Reverse Mortgages?

Reverse mortgages are available for those aged 62 and older who have equity in their homes and want to obtain financial security. Depending on your overall financial situation, this can be the right solution for you to enjoy your retirement years after a life of hard work!

No matter what your income bracket is or how much equity you have in your home, a reverse mortgage can benefit all types of homeowners.

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Eligibility requirements apply. HECM Counseling is required. Subject to credit and income approval. You must occupy the residence as your primary home. You must continue to pay for property taxes, insurance payments, homeowners association fee, home maintenance costs, and other fees as required. You must have significant cash available for the down payment. The balance of the loan grows over time and interest is charged on the balance. The loan becomes payable when the last borrower on eligible non-borrowing spouse passes away, sells the home, permanently moves out, defaults on taxes, insurance, or maintenance, or otherwise does not comply with the loan terms.

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Reverse Mortgages experts

Unsure if this is the right solution for you? Don’t worry! Our specialists in reverse mortgages are here to help you make the right decision! Or if you’re ready,

get started today