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Reverse Mortgage Guide
Everything You Need To Know About Reverse Mortgages Benefits-
Plus Get The Free Info Kit

A reverse mortgage is a loan. You are borrowing against your home equity. However, unlike traditional mortgages, with a reverse mortgage you do not have to pay back the money borrowed as long as you are living in the home.

The primary borrower must be 62 years old, and must have enough home equity to qualify. There will also be a financial assessment to determine that the borrower is fit to uphold the requirements of the loan. Other than that, reverse mortgages are good for anyone who wants to tap their home’s equity without going through the process of taking out a traditional mortgage.

Reverse mortgages are used by many different types of households, from high net worth couples and individuals who are riding out market swings that are impacting their other investments, to families that need additional monthly cash flow to help make ends meet.

There’s no one reason to take a reverse mortgage, and there’s no one person for whom the loan is the “right” option. To find out if you qualify for a reverse mortgage, you can get a free estimate or talk with a financial planner.

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