A reverse mortgage allows seniors 62 years of age or older to remain in their home, eliminate their current mortgage payments, and gain access to equity and additional cash flow.
There are no required monthly mortgage payments of principal and interest as long as the home is your primary residence. You can even purchase a home with a reverse mortgage.
Keep living in your home as long as it’s your primary residence.
No required monthly mortgage payments of principal and interest.
FHA-insured and government backed for safety and security.
Buy a home using a reverse mortgage with no required monthly P&I.