Reverse Mortgage Hero

Reverse Mortgage

Purchase · Refinance

Access your home's untapped equity potential

No Mortgage Payments

Without the burden of a monthly mortgage payment, you can free up cash to cover other important expenses.

Access Cash

The proceeds are tax-free and can be used in various ways, like paying health care costs or financing home renovations.

Stay in Your Home

With a reverse mortgage loan, you can afford to stay in the home you love and age in place.

No Prepayment Penalty

Although a HECM loan is not due until the borrower permanently vacates the home, it can be paid off at any time, with no additional fees.

Stop worrying, start living

The most common type of reverse mortgage is a loan insured by the Federal Housing Administration (FHA), which is also called a HECM. It enables homeowners who are at least 62 years old to convert some of their home equity into cash, a line of credit, or to finance a home purchase with the freedom of no monthly mortgage payments. The borrowers continue to live in and own their home. A reverse mortgage may help you plan for a more comfortable retirement, lived with greater financial independence. We encourage you to involve family members in your decision making process — so you can make the choice that’s right for you.

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