A reverse home mortgage is a loan that allows home owners to borrow against the equity in the home with no monthly payments. The payments and interest are accrued and become payable at the term of the loan. This may be upon the death of the home owner or in the event the house was to be sold. In either of these scenarios, the principal and interest on the loan would be due in one balloon payment, rather than many years of payments as in a traditional loan.

The reverse mortgage program helps older people use the equity in their homes for a variety of purposes. Whether you need money for living expenses, home improvements, travel or any other use, a reverse equity mortgage may be the right solution for you. We work with respected lenders in the mortgage industry offering reverse home mortgage products.

Contact us to get more information on the benefits of a reverse home mortgage. You can speak with a mortgage professional or apply for a mortgage online. We offer personalized service and will work with you to determine your needs and find the loan with the best terms and interest rate possible for your reverse equity mortgage.

Despite the recent problems in the mortgage lending industry, people need to purchase homes, refinance or take out a reverse equity mortgage. However, you want to do business with an experienced professional to avoid pitfalls and get the best loan possible for your situation. We understand that each client’s situation is completely unique and pride ourselves on our experience and personalized attention. Get in touch with us today to learn what we can do for you.