REVERSE MORTGAGE

Maintain your Independence with a Reverse Mortgage

A reverse mortgage is a financial solution designed for seniors aged 62 and older, allowing them to convert part of their home equity into tax-free cash without having to sell or move out. This program provides financial flexibility by supplementing retirement income, covering medical expenses, or funding other needs.

Unlike traditional loans, monthly mortgage payments are not required—repayment only occurs when the homeowner sells the home, moves out permanently, or passes away.

With a reverse mortgage, seniors can stay in their homes while enjoying a more comfortable and secure retirement.

Funds can be received as a lump sum, monthly payments, or a line of credit, depending on individual needs.

The amount available depends on factors like home value, age, and loan type. If you're looking for a way to enhance your retirement without additional financial strain, a reverse mortgage may be the right option for you.