A reverse mortgage is a special type of loan used by older Americans to convert the equity in their homes into cash. The money from a reverse mortgage can provide seniors with the financial security they need to fully enjoy their retirement years. The reverse mortgage is aptly named because the payment stream is "reversed." Instead of making monthly payments to a lender, as with a regular first mortgage or home equity loan, a lender makes payments to you!

While a reverse mortgage loan is outstanding, you continue to own the home and hold title to it. The money from a reverse mortgage can be used for ANYTHING: daily living expenses; home repairs; medical bills and prescription drugs; pay-off of existing debts; travel; long-term health care; prevention of foreclosure; and other needs. 

To be eligible, you must own your home and be at least 62 years of age. You don’t need to have existing income to qualify, and there are no health or credit qualifications. Talk to a Reverse Mortgage Lending sales professional today, for a better tomorrow! Call Toll-Free 1-888-282-0587 9-5pm PT.