What is a Reverse Mortgage?

If you are 62 years of age or older and have equity in your home, a Reverse Mortgage can turn that equity into cash. You can receive a lump sum, a line of credit, monthly income or a combination thereof. Unlike a traditional mortgage, there are no required monthly mortgage payments and the proceeds are tax-free. There is no income or credit qualification. Best of all, you retain title to your home.

A Reverse Mortgage Loan is one of the most powerful tools you can aquire. It can give you financial freedom and peace of mind as you plan out your future.