Reverse Mortgage Helpline

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Keep Your Home & Receive Income to Maintain Your Lifestyle

To see if you are eligible for a reverse mortgage call or request a quote from one of our qualified reverse mortgage specialists. They will meet with you and determine if a reverse mortgage is right for you. Always use an approved reverse mortgage lender to ensure your rights and your best interests are always the top priority. Our certified reverse mortgage professionals will answer all your questions and make sure you fully understand all your options.

A reverse mortgage is a loan available to people over 62 years of age that enables a borrower to convert part of the equity in their home into cash.

Reverse mortgages are meant to help people in or near retirement and with limited income use the money they have put into their home to pay off debts (including traditional mortgages), cover basic monthly living expenses or pay for health care. There is no restriction on how a borrower may use their reverse mortgage proceeds.

The borrower is not required to pay back the loan until the home is sold or otherwise vacated. As long as you live in the home, you are not required to make any monthly payments towards the loan balance, but you must remain current on your tax and insurance payments.

With a reverse mortgage, you always retain title to or ownership of your home. The lender never, at any point, owns the home until after the last surviving spouse permanently vacates the property.

The amount of funds you receive depends on the age of the youngest borrower, the value of the home, the interest rate and upfront costs. The older you are, the more proceeds you can receive.