Reverse Mortgage Loan
A FHA Home Equity Conversion Mortgage (HECM), the most common type of reverse mortgage, is a special type of home loan only for homeowners who are 62 and older.
A Jumbo Reverse Mortgage Loan also converts your equity into cash, but at higher loan limits than the FHA HECM and is available for homeowners who are as young as 55.
See What You Qualify For Instantly! No Hassle or Commitment!
Use the equity in your home to help secure a more comfortable future!
A Reverse Mortgage converts a portion of your home's equity into cash, which is received by one or a combination of the three options: 1) A lump sum payment 2) Monthly cash payment, 3) Line of Credit. As long as you live in the home you will not be required to make any monthly payments towards the loan balance, but you must remain current on your property taxes, HOA dies, and insurance.Use the equity in your home to help you retire better; please contact us and setup a free consultation so that we can show you the benefits you can receive with a Reverse Mortgage.
Program Benefits
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No monthly mortgage payments
Line of Credit option provides a “safety net” for the unexpected
You may be eligible for lifetime monthly income
You will remain on title and your heirs can still inherit the home.
Who may apply for this program?
Homeowners must be at least 55 years of age for a Jumbo Reverse or 62 for an FHA Reverse Mortgage. the home must be your primary residence (live there 6+ months per year), and have substantial equity or be owned outright.
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Our Happy Clients
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"I wanted to let you know how impressed I was with the job everyone did at your company. I have refinanced several times in the past and usually pick the company that has the lowest rates. Of course I did the same when I chose your company. However, this time I received great service to go with the low rate."
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