What is a Reverse Mortgage?
A Reverse Mortgage is a home loan that supplies based on your home’s equity. You can defer payment of the loan until you pass away, sell or move out of your home.
Why a Reverse Mortgage?
A Reverse Mortgage can be a lifeline for money-strapped seniors. There are no credit or income requirements for a Reverse Mortgage and there are no monthly payments. It safely turns the value of your home in to cash.
Can I qualify for a Reverse Mortgage?
If you are 62 years or older and own your home, you may be eligible for a Reverse Mortgage. 10,000 Seniors a month are opting for the financial security a Reverse Mortgage offers.