After years of paying on your mortgage and building equity, you can finally make that equity work for you — all while maintaining or establishing financial self-reliance. A reverse mortgage allows older homeowners to access a portion of the equity they’ve worked so hard to build.
With a reverse mortgage, you can stay in your home — you don’t need to sell it for access to funds.
The equity in your home becomes a source of income when you need it and can help you pay bills and other expenses.
The credit line is revolving, which means any payments you make replenish the credit available to you.
You can receive your funds as a monthly income stream, in a lump sum payout or as a combination of the two.
Before you apply for a reverse mortgage, you must first consult a HUD housing counselor. This will help you determine whether a reverse mortgage is right for your situation.
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Complete this short form to start the process of finding out if a Reverse Mortgage is right for you or a loved one. After completing the form, one of our loan advisors will contact you to help you understand your options.