A reverse mortgage allows homeowners aged 62 or older to convert part of their home equity into loan proceeds, providing them with additional funds without having to make monthly mortgage payments. With a reverse mortgage, you are still responsible for taxes, insurance, and HOA fees, but you can access the equity in your home for purposes such as paying off debt, supplementing retirement income, or making home improvements. With the ability to borrow up to $4 million, this loan is an excellent option for seniors looking to utilize their home equity. 

Get in touch with us today to find out if this option is right for you.