HUD-approved. FHA insured. And the safe way for seniors to gain additional income during retirement.
Reverse mortgages were created 25 years ago to help senior Americans convert a portion of their home equity into cash or allow them to eliminate their monthly mortgage payment. In 2013, HUD revamped the program by making reverse mortgages FHA-insured and implementing strict guidelines to protect borrowers. Through our strategic partners at
Reverse Mortgage Group, homeowners age 62 or older who have built enough equity in their homes can discard mortgage payments and possibly receive additional income, while ensuring they can remain in their home and retain ownership.
Reverse mortgages are the safe way for seniors to eliminate their monthly mortgage payments, or tap into their home's equity to access additional funds to pay bills, make home improvements, take a vacation, help pay for a grandchild's college tuition, or to simply experience a higher quality of life. It's an ingenious product that allows you to convert a portion of the equity in your home into cash - without selling your home or making mortgage payments.
