Why Choose a Reverse Mortgage?

Great alternative to conventional loans - reverse mortgages require no verification of assets, no reserve assets in your bank account, no employment information and no minimum credit scores

Foreclosure Avoidance - May help you stay in your home and draw funds for additional supplemental income while eliminating the need to make required monthly mortgage payments!

Excellent substitute to conventional Cash Out refinances - get the funds needed to payoff outstanding debt without an additional monthly mortgage payment

Why Choose a Reverse Mortgage Over a Conventional Mortgage Loan?

• You may not have enough income to make regular mortgage payments
• You may not wish to make mortgage payments, or would like to eliminate that monthly payment obligation
• You may benefit from a stream of income during their retirement years
• You may want or need cash
• You may not be able to get approved for a regular Conventional Mortgage Loan or home equity loan but want to lower monthly payments.
• Conventional Mortgage Loans generally have minimum loan size limits.

What are Reverse Mortgages Used For?

Provides supplementary income or LIne of Credit