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Suburb Houses

Is a Reverse Mortgage Right for You?

Prequalify for a Reverse Mortgage and find out how much you qualify for.

The Lowdown on Reverse Mortgage Loans

Low Rates; Quick and Painless Process

A reverse mortgage is a loan for seniors age 62 and older. HECM reverse mortgage loans are insured by the Federal Housing Administration (FHA) and allow homeowners to convert their home equity into cash with no monthly mortgage payments.

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We’ll help you clearly see the differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a repeat buyer.

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The Reverse Mortgage Process

Here’s how our home loan process works:

  • Complete our simple Prequalification Application

  • Receive options based on your unique criteria and scenario

  • Compare mortgage interest rates and terms

  • Choose the offer that best fits your needs

Why Reverse Mortgage?

A reverse mortgage pays off your existing mortgage, should you have one, by allowing you access to the home equity you’ve worked so hard to build. Any money left after paying off your existing mortgage is available to use as you see fit.

  • Full or Partial Lump Sum

  • Line of Credit

  • Monthly Payments

  • Combination of Any of These (you have the option to change your disbursement method at any time)

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