Reverse Mortgage

Why should I consider a reverse mortgage?

Your retirement funds may come from savings, investment income, and Social Security. But now, there’s another source that may help you complete the longevity planning puzzle.

Among the benefits of a reverse mortgage:

• The ability to use your home equity to help you maintain a more comfortable standard of living, in your own home.

• Tax-free* loan proceeds you can use in multiple ways.

• Great flexibility. You can choose to take your proceeds as a line of credit; monthly advances for a set period of time; a monthly stream of funds for as long as you live in your home; a lump sum; or a combination of these options.

• No monthly mortgage payments. If you qualify and have an existing mortgage, home equity loan or any other type of debt, you can pay it off and reduce your monthly expenses.

+ Or, if you own your home free-and-clear, you can get the additional funds you need with no monthly mortgage payments. (As the homeowner, you remain responsible for paying property taxes, homeowners insurance, and homeowner’s association dues if applicable.)

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Fill in this short form and we will send you a quick quote on the reverse mortgage for your property.