A reverse mortgage is a loan available to homeowners aged 55 or older that allows them to borrow against the equity in their home without having to make monthly repayments. Instead, the loan is repaid when the homeowner sells the property, moves out, or passes away. The amount borrowed, plus interest, is typically repaid from the proceeds of the sale of the home. 

Retirement is a dream and goal that so many look forward to, however it can bring financial strain. Seniors often face the challenge of managing with less cash flow than they anticipated or coping with unforeseen expenses.

Reverse mortgages can provide a source of income for seniors, and is a simple ways to use the value of their home during retirement. Tailored for seniors seeking to leverage the equity they’ve built in their homes, this innovative financial tool provides a tax-free income stream. It allows you to convert home equity into tax-free funds for financial flexibility. Unlock Financial Freedom and enjoy a worry-free retirement with Reverse Mortgage solutions.

No payments are made on the mortgage, but a reverse mortgage slowly reduce the homeowner’s equity in the property over time.  

There are many reverse mortgage lenders and we have access to all of them to ensure you get the right product and best solution for your needs.

Features of a Reverse Mortgage:

  • Homeowners age 55 and older
  • No payments are ever required
  • No Income qualifications
  • No Credit requirements
  • Qualify for up to 50% of the value of the home
  • Money can be received as a lump sum, or over time or combination
  • Owner maintains title
  • Owner can sell or move at anytime
  • Receive the money tax free

 

Whether you’re aiming to supplement retirement income, cover medical costs, or embark on that dream vacation, we’ll ensure a smooth and personalized process. Contact us today to discuss your options, Reverse Mortgage solutions, and to learn more on how you can unlock the value in your home.