Reverse Mortgage
With a Reverse Mortgage, Your home pays you for a change!
You’ve worked hard to own your own home. Isn’t it time it started paying you back? If you’d like to access the equity in your home for any reason, a reverse mortgage can provide flexible options to turn your home equity into tax-free retirement funding.
If you are over 62 and own a home, you may choose monthly payments, a lump sum, or a growing line of credit.
Make your retirement more enjoyable and financially secure. With a reverse mortgage, you’re in control.
A reverse mortgage helps you make the most of retirement:
• Preference - Receive funds all at once, in monthly installments, as a line of credit, or as an up front payment along with monthly installments.
• Ease - There are no credit, income or employment requirements in order to qualify.
• Security - A reverse mortgage does not affect Medicare benefits, Social Security or pensions.
• Confidence - An heir can keep the property once the reverse mortgage has been paid in full.
• Liquidity - Rather than make monthly payments, receive them.
• Independence - Live in and own your own home through retirement.
• Flexibility - Ability to plan with your mortgage consultant the best suitable payment dates.
