|Who Can Qualify?|
|All borrowers must be 62 years of age or older to qualify|
|Must occupy the home as your principal residence|
|Must keep up homeowners insurance and property taxes|
|No repayment is due for as long as you occupy your home|
|No taxes are paid on the cash from a reverse mortgage loan|
Get the Facts About All Reverse Mortgage Options
Compare Interest Rates - All Program Costs and Fees
What is a Reverse Mortgage? A low-interest federally regulated loan that allows senior homeowners to convert a portion of the value in their home into tax-free cash.
Learn How Reverse Mortgages Work. You can receive a lump sum tax-free cash payment, monthly payments, line of credit, or a customized plan.
Considering a Reverse Mortgage? The first step is to use our calculator to see how much you can get. The next step is to talk with an FHA Approved Reverse Mortgage Lender that is pre-screened by us.
Reverse Mortgages Require No Monthly Payments. No Spending Restrictions. You are responsible to maintain your home, pay your real estate property taxes and carry homeowners insurance for the life of the loan.
HUD Reverse Mortgage Counseling is Required.