Reverse Mortgage
I help homeowners use some of the equity in their home, while they stay living in it.
55 to 61? Ask me about proprietary reverse options.
What it is
It is a loan secured by your home. You keep owning your home and living in it. I explain it in plain language.
Who can qualify
- Reverse mortgage options start at 55.
- You live in the home as your primary residence.
- You have enough home equity.
What stays yours to handle
- Property taxes
- Homeowners insurance
- Keeping the home maintained
Good to know
- The loan balance can grow over time.
- The loan becomes due when the last borrower passes away, sells, or permanently moves out.
- A HUD-approved counseling session is a required step before applying.
- Family and heirs can keep or sell the home, and any remaining equity is theirs.
My reverse mortgage steps
1. Call me
We talk about your home and your plans.
2. Counseling
You do the required HUD-approved counseling session.
3. Apply
You apply through my secure portal.
4. Appraisal
Your home gets appraised.
5. Close
You close and choose how to receive funds.
Buying with a reverse mortgage (HECM for Purchase)
You can also use a reverse mortgage to buy a home. It is for buyers 62 and older. Call me and I will walk you through it.
Helping a parent look into this?
You can join our call. I will keep it plain and give you time to talk it over as a family.
Ready to talk?
Call me, or start your application.