Tap Into Your Home’s Equity Without Monthly Mortgage Payments*
What Is A Reverse Mortgage?
A reverse mortgage is a loose term referring to home loan programs for those over 62 in which no re-payment of principal and interest is required while the borrowers live in the home.
In essence a Reverse Mortgage gives borrowers an advance on the equity of their home, allowing them to convert a portion of their home’s equity into useable funds today.
Reverse Mortgages Are Helpful To
Eliminate Existing Mortgage Payments
Often removing the burden of mortgage payments frees up cash needed for other important expenses.*
Access Needed Money
Access to tax-free* proceeds can pay for health care costs, needed home renovations, or unexpected expenses.
Stay In Your Home
Have access to the funds you need, without repayment while staying in your home.*
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