What is a Reverse Mortgage?
Retire in the comfort of your own home with No Monthly Mortgage Payments!*
A reverse mortgage enables homeowners 62 & older to convert home equity into tax-free cash without selling their home. A reverse mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash. The equity that you built up over years of making mortgage payments can be paid to you.
*Borrowers must live in the home as their primary residence, remain current on the property taxes, homeowner’s insurance and HOA dues and maintain the home per FHA requirements.