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Unlock the equity in your home. Exclusive home loan program for seniors 62 and older.
Reduce financial stress with our reverse mortgage. Also known as a Home Equity Conversion Mortgage (HECM), a reverse mortgage allows you to access cash from the equity you’ve already built into your home AND stop paying your monthly mortgage payments as long as you continue to pay taxes and insurance.
What Is a Reverse Mortgage?
With a reverse mortgage, you get a loan in which the lender pays you! A reverse mortgage allows you to access the equity in your home and convert it into cash – a kind of advance payment on your home equity.
Depending on what option you choose, you can receive additional cash monthly or all at once. Your reverse mortgage proceeds are not subject to income tax and are a great way to supplement retirement income. Consult with your financial advisor for guidance.
Reverse mortgages do have a few stipulations
You are required to live in your home as your primary residence and maintain the property appropriately. Taxes and insurance must also be kept current.
Want to see what a Reverse Mortgage might look like for you?
Use our calculator and see how much cash you might get from a reverse mortgage.
Here are answers to some of the most common questions about reverse mortgages that might help you decide if a reverse mortgage is the right fit for you:
You likely qualify for a reverse mortgage if you…
Does this sound like you? Let's get the process started! Click below or CALL NOW to speak with a Reverse Mortgage Loan Advisor immediately at 855.441.3558
When Do I Pay Back My Reverse Mortgage Loan?
You will remain the owner of your home and can live in it for as long as you want, as long as you meet the loan obligations for your reverse mortgage. Once the home is sold, you’ll pay back your loan costs with the proceeds from the sale. Take comfort in knowing that reverse mortgages are non-recourse loans - this means you or your heirs will never owe more than the appraised value of the property.
We have lots of options for cash payouts – choose the one that best suits your needs:
What Can I Use My Reverse Mortgage Payout For?
There are no limits to how you use this cash! Fund large purchases, supplement your retirement income, or have on hand for peace of mind – the possibilities are endless.
Ready to learn more?