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What is a Reverse Mortgage?
A reverse mortgage is a government insured loan that allows seniors aged 62 years and older to access the equity in their home and receive it as tax-free cash*.
Key Benefits of a Reverse Mortgage
- You remain the owner of your home
- There are no monthly mortgage payments required from you
- All funds are tax free*
- You choose how funds will be disbursed
- Social Security and Medicare benefits are unaffected
These are only a few of the many reverse mortgage benefits. For a complete view of how a reverse mortgage can benefit you in your particular situation, click ' Get Started' below.
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