Reverse Mortgage

A reverse mortgage is a mortgage loan that allows the borrower to access equity in their home. This loan is available for homeowners aged 55+ and typically does not require monthly mortgage payments.

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5 Benefits to a Reverse Mortgage:

1. Tax free funds with no regular monthly mortgage payments.

2. Option to make prepayment options at specific times; otherwise, payments are required when mortgage is due, which is when borrowers sells the house or last borrower passes away. 

3. Access of up to 55% of the equity in your home.

4. Maintain complete ownership of your home.

5. Easy to qualify!

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Contact me for more information on reverse mortgages!