Home Loans
Reverse Mortgage
Convert your home equity into cash — no monthly mortgage payments required.
Overview
What Is a Reverse Mortgage?
A reverse mortgage (HECM) allows homeowners aged 62 and older to convert a portion of their home equity into tax-free cash without selling their home or taking on monthly mortgage payments. The loan is repaid when the borrower sells the home, moves out permanently, or passes away.
Key Benefits
Why Choose This Program?
- No monthly mortgage payments
- Tax-free proceeds
- Stay in your home as long as you want
- Multiple payout options available
- FHA-insured for borrower protection
Requirements
What You’ll Need
- At least one borrower must be 62+
- Property must be primary residence
- Sufficient home equity required
- Complete HUD-approved counseling
Ready to Explore a Reverse Mortgage?
Get a personalized rate quote and see how much you qualify for.