A reverse mortgage is a loan for seniors aged 62 and older. Home Equity Conversion Mortgage (HECM) reverse mortgage loans are insured by the Federal Housing Administration (FHA), allowing homeowners to convert their home equity into cash with no monthly mortgage payments.
We’re here to make the reverse mortgage process a whole lot easier, with tools and expertise that will help guide you along the way.
We’ll help you clearly see the differences between reverse mortgage options, allowing you to choose the right one for you.
The Reverse Mortgage Process
Here’s how our reverse mortgage process works:
- Complete an easy Pre-Approval 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 a 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.