Reverse mortgage

A reverse mortgage allows older homeowners to convert a portion of their home equity into cash without selling their home, giving up title, or taking on new monthly mortgage payments. Unlike a traditional mortgage where you pay the lender, with a reverse mortgage, the lender pays you. This financial tool helps eligible seniors access the wealth built up in their homes, providing funds and enhancing financial independence without the burden of monthly payments while they live in the home.

This special type of home loan lets a homeowner convert a portion of their equity into cash. The equity accumulated over years of mortgage payments can be paid to you