Get your 100% FREE consultation and speak with a licensed advisor NOW!
Step 1 of 3
*5 questions
*5 questions
Age Requirement: The youngest borrower must be at least 62 years old.
Primary Residence: The home must be the primary residence of the borrower.
Home Equity: There must be sufficient equity in the home. While the exact amount can vary, typically at least 50% equity is required.
Financial Assessment: Borrowers must undergo a financial assessment to ensure they can meet the obligations of the reverse mortgage, such as paying property taxes, homeowners insurance, and maintaining the home.
Property Type: Eligible property types include single-family homes, up to four-unit properties (as long as the borrower occupies one unit), and certain HUD-approved condominiums and manufactured homes.
Boost retirement income by tapping into home equity. Ideal for seniors needing extra cash flow.
Cover healthcare expenses or emergencies. Ensures seniors have access to necessary medical care without financial strain.
Fund home repairs/upgrades without upfront costs. Perfect for homeowners wanting to enhance property value.
Finance dream vacations or family visits. Allows retirees to enjoy leisure without dipping into savings.
Flexibility to invest or spend. Provides financial liberty for seniors to pursue hobbies, gifts, or personal goals.
Boost retirement income by tapping into home equity. Ideal for seniors needing extra cash flow.
Cover healthcare expenses or emergencies. Ensures seniors have access to necessary medical care without financial strain.
Fund home repairs/upgrades without upfront costs. Perfect for homeowners wanting to enhance property value.
Finance dream vacations or family visits. Allows retirees to enjoy leisure without dipping into savings.
Flexibility to invest or spend. Provides financial liberty for seniors to pursue hobbies, gifts, or personal goals.
Custom Mortgages For You
We've been helping customers afford the home of their dreams for many years and we love what we do...
NMLS Consumer Access
Call Now: (708) 991-8131
Email: [email protected]
Company NMLS: 157449
Personal NMLS: 1600291
Call Now: (708) 991-8131
Email: [email protected]
Company NMLS: 157449
Personal NMLS: 1600291
Custom Mortgages For You
We've been helping customers afford the home of their dreams for many years and we love what we do...
NMLS Consumer Access