Reverse Mortgages – Live the lifestyle that you planned for and deserve!

The Reverse Mortgage product is growing in popularity in all areas of the country. Many look at this product as financing for their golden years. If you are a homeowner age 62 or over, you have the best option for getting cash from your home.

With a Reverse Mortgage, payments are actually made to you. A Reverse Mortgage is a loan against the equity in your home that provides tax-free cash advances, but requires no payment during the term of the loan. The loan is not due and payable until the borrower no longer occupies the home as a principal residence. There are no income or credit requirements to qualify for. The proceeds from a Reverse Mortgage can be used for anything you choose: daily living expenses, home improvements, medical bills, paying-off existing debt, travel, or long-term health care. The proceeds are available as a lump sum, fixed monthly payments, a line of credit, or even a combination of these options.

All reverse mortgages are “non-recourse” loans which means that the borrower can never owe more than the value of the home regardless of the loan balance.

For homeowners aged 62 and older, reverse mortgages provide a safe way to tap into their home’s equity to pay for what they want or need—without giving up their home.

Use our Reverse Mortgage calculator to find out how much you qualify for.