Reverse Mortgages

Reverse mortgages enable homeowners 62 years old and over to convert part of the value of their home into cash. The loan doesn't have to be repaid until the owner moves or dies. Heirs can then sell or refinance the property.

Advantages of reverse mortgages include:

  • No income or medical qualifications
  • Disbursements are tax-free
  • Money can be received as a lump sum, monthly payments, or line of credit 


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Looking for a provider of "Reverse Mortgages" in your area?




Before accepting a reverse mortgage, be sure you understand all the conditions that would make the loan due and payable.