FIRST OFF: WHAT IS A REVERSE MORTGAGE?

A reverse mortgage converts equity in your home into cash. You can receive a large sum all at once, establish a line of credit to draw on as you please, or get paid in monthly installments. If you wish you can pay it back the same as you would any loan. And if you have chosen monthly disbursements, you could continue to collect those for the rest of your life (as long as you’re in your home).

AM I ELIGIBLE FOR A REVERSE MORTGAGE?

You must be age 62 or older, and own most of your primary residence (the home you live in). If you have an outstanding mortgage on the house, it should be a smaller amount relative to the home’s value (less than 50%). You will still be required to pay property tax & insurance.

STILL HAVE QUESTIONS? SEE WEBSITES BELOW

Free Information Kits, Lender Comparisons & More Information Below.

Websites Below Help You Learn More.

1
Our Partner
Read Full Review
  • Top reviews for professionalism and extensive expertise in reverse mortgages
  • Rated #2 Top Lender in CA
  • Various types of HECM and JUMBO Reverse Mortgages
  • FHA approved bank and direct lender
  • Free download of the Reverse Mortgage Educational Guide
Our Partner
Read Full Review
  • Equal Housing Lender
  • NRMLA Member
  • Member of National Aging in Place Council
  • Borrow up to $4 Million with HomeSafe Reverse Mortgage
  • HomeSafe offers no initial disbursement limitation or mortgage insurance premium if qualified
  • Competitive fixed interest rate and lump-sum draw
3
Our Partner
Read Full Review
  • Website Offers Information Kit on Pros & Cons
  • Our Top Choice – #1 Reverse Lender in the Nation
  • Meet with a Licensed Professional to discuss your personal needs, depending on your location.
  • Customer service agents readily available 24/7 to answer your questions
  • Approved Member of US Department of Housing and Urban Development
  • 96% Customer Satisfaction Rating
  • Eligibility: Age 62+, $100K+ home value with 50%+ equity
4
Our Partner
Read Full Review
  • Save money by easily comparing rates from multiple lenders
  • Choose the payout option that works for you
  • No mortgage payments; still pay taxes and insurance
  • Still own and live in your home while receiving cash
  • Generally will not affect your social security
  • When banks compete, you win!
Don’t see the business you are looking for?

Suggest a Business

Additional Companies:  

  • Mutual of Omaha Mortgage
  • Good Day Reverse