What is a Reverse Mortgage?
A reverse mortgage is a home loan to help seniors increase their cash flow and live in comfort while keeping ownership of their homes. You can use the equity in your home to eliminate monthly mortgage payments.
Borrower Eligibility
All homeowners must be 62 years or older.
Have Substantial Equity in your home.
Home is your primary residence.
Income or credit quality are not considered.
You’re One Step Away
Just fill out the form to the right to receive more information to determine if you qualify and what amount you could receive. Loans are government insured by the FHA. All borrowers attend a HUD approved counseling session to answer any questions.
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Articles
- Reverse Mortgages: A Fine Line
- Reverse Mortgage Plans: HECM Saver vs. HECM Standard
- What Is HECM and What Does It Mean to Me?
- Reverse Mortgages May See Some Government Reductions
- Reverse Mortgage Downfalls—Think Before You Dive In
- Reverse Mortgaging: A Basic Overview
- Factors that affect the value of a reverse mortgage loan
- Disdvantages and negative implications of reverse mortgages
- Calculating reverse mortgages
- Reverse Mortgage vs. Selling Your Home
- Negotiating reverse mortgages
- Problems of reverse mortgages
- The ease of getting out of a reverse mortgage
- What is the total cost of a reverse mortgage?
- Understand reverse mortgages before applying for them
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