Home Page

All borrowers must be age 62 or older

Occupy the home as your principal residence

No repayment as long as you occupy home

No taxes are paid on the cash from Reverse Mortgages

No pre-payment penalty with Reverse Mortgages

You retain the title to your home

You may sell your home at any time

Social Security and Medicare benefits are NOT affected by Reverse Mortgages

FIND OUT IF A REVERSE MORTGAGE IS RIGHT FOR YOU
   
Congress Raised Reverse Mortgage Loan Limit to $417,000 Nov.2, 2008

Free Public Service for Senior Homeowners, their Families, Friends, Financial Advisors and Non-Profit Counselors. We have successfully helped thousands of consumers 'Get the Truth' about all available reverse mortgage programs. We have never shared anyone's personal information with any 3rd party and we never will.
 
Qualifying for a Reverse Mortgage. To be eligible for a HUD Reverse Mortgage you must be a homeowner 62 years of age or older and you are required to meet with a HUD Approved Counselor to make sure you understand what this program can mean to you.
   
What Can You Do With the Money? The tax free proceeds from a reverse mortgage can be used for anything.
 
There are No Credit, Income or Health Requirements. With a reverse mortgage, you can turn the value of your home into cash without having to move or repay the loan each month.  A reverse mortgage is a loan against your home that you do not have to pay back for as long as you live there.