An FHA Home Equity Conversion Mortgage (HECM), the most common type of reverse mortgage, is a special type of home loan only for homeowners who are 62 and older.
A Jumbo Reverse Mortgage Loan also converts your equity into cash, but at higher loan limits than the FHA HECM and is available for homeowners who are as young as 55. See What You Qualify For Instantly! No Hassle or Commitment!
No monthly mortgage payments
Line of Credit option provides a “safety net” for the unexpected
You may be eligible for lifetime monthly income
You will remain on title and your heirs can still inherit the home.
Homeowners must be at least 55 years of age for a Jumbo Reverse or 62 for an FHA Reverse Mortgage. the home must be your primary residence (live there 6+ months per year), and have substantial equity or be owned outright.
"I wanted to let you know how impressed I was with the job everyone did at your company. I have refinanced several times in the past and usually pick the company that has the lowest rates. Of course I did the same when I chose your company. However, this time I received great service to go with the low rate."
"I just wanted to thank you for constantly following up with me. The last time I refinanced it seemed as if I always had to follow up with the mortgage company. Thanks for staying on top of everything and keeping things moving forward."
"Your company was so much more professional then the last mortgage company I used. Every question I asked was answered honestly and accurately. I would recommend you to anyone."