RELAX!
LET YOUR HOME WORK FOR YOU.
If you are at least 62 years old and own your home, a reverse mortgage may be a valuable tool to help you achieve your financial goals. There are no limitations to how you use the money. The loan only comes due when you sell the home, move out permanently, or pass away.
- No monthly mortgage payments required.
(taxes and insurance still required) - Non-Recourse: You’ll never owe more than what the home is worth.
- Flexible cash disbursement options based on your needs.
- If the heirs choose not to repay the loan and the home is foreclosed, they will not be liable for any deficiency.
- You can qualify even if you haven’t paid off your existing loan.
