Reverse Mortgages

For many Americans retirement is a mixed blessing. On one hand, it is a time to enjoy family and friends, explore special interests, cultivate new skills, and enjoy living to the fullest. But retirement years can present special challenges. All too often people find themselves in need of extra income just to keep up. We focus on helping older Americans live in their home comfortably and securely by turning the equity in their home into extra cash or monthly income.

For many Americans a reverse mortgage can be a solid financial decision that can truly improve their quality of life. If you are at least sixty-two years of age and have equity in your home, a reverse mortgage can turn that equity into cash, a line of credit, monthly income or a combination of the three. Unlike a conventional mortgage, there are no monthly payments and the proceeds are tax-free (consult your tax advisor). There is no income or credit requirement to qualify for the loan. Best of all you retain ownership of your home and can live there for as long as you choose.

Contact us today to see how you can benefit further from a reverse mortgage.