Reverse Mortgages

Your home is your greatest asset. Why not use the equity from your home to increase your cash flow? Making the move towards a reverse mortgage can open up many options for your monthly budget and long-term financial plans.

REVERSE MORTGAGE BENEFITS

Why Do A Reverse Mortgage

  • You do not give up the title to your home.
  • You make no monthly mortgage payments if you occupy your home as your primary residence, maintain your property, and remain current on the property taxes, homeowner’s insurance, and HOA dues.
  • No prepayment penalties.
  • Although the loan is not due and payable until you permanently move out of the home, it can be paid off at any point without prepayment penalties.
  • Your home does not need to be free and clear. Elimination of the current mortgage is one of the most common reasons seniors apply for a reverse mortgage.

These materials are not from HUD or FHA and were not approved by HUD or a government agency. Borrower must be 62 years of age or older and meet other eligibility requirements.

Take Control of Your Financial Plan

Talk to a member of the loan expert team today to get started on your reverse mortgage plan. Our licensed loan officers are ready to guide you through your reverse loan process.