Reverse Mortgage
Additional Information
A reverse mortgage allows homeowners aged 62 and older to unlock the equity in their home, providing financial freedom and flexibility during retirement. It’s a way to access the wealth you’ve built over the years—without giving up the comfort and security of your home.
Access Your Equity
Turn the equity in your home into usable funds without selling or moving out.
Financial Flexibility
Use the proceeds to cover everyday expenses, healthcare costs, or even pursue retirement goals.
No Monthly Mortgage Payments
As long as you live in your home, maintain it, and pay taxes and insurance, you won’t have to make monthly mortgage payments.
Stay in Your Home
Enjoy the peace of staying in the place you love while still accessing the money you need.
Flexible Payout Options
Choose a lump sum, monthly payments, a line of credit, or a combination—tailored to your retirement needs.
Built-In Protections
Reverse mortgages are generally non-recourse loans, meaning you (or your heirs) will never owe more than the home’s value at repayment.
Reverse Mortgages for Purchase
You can also use a reverse mortgage to buy a new home. This allows you to downsize, relocate, or purchase in a preferred location—without taking on monthly mortgage payments. The loan balance is repaid later when the home is sold, vacated, or passed on, and any remaining equity belongs to you or your heirs.
Retirement freedom, flexibility, and security—all while staying in control of your home and your future.
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Why Choose a Reverse Mortgage?
- Access your home equity without selling.
- No monthly mortgage payments required.
- Stay in your home while improving cash flow.
- Flexible payout options: lump sum, monthly, or credit line.
- Non-recourse protection—never owe more than the home’s value.
- Can also be used to purchase a new home in retirement.
A smart way to enhance your retirement with financial peace of mind.