Reverse Mortgages
A reverse mortgage is a special loan that allows seniors to receive
tax-free cash income that requires no repayment until the homeowner
no longer resides in the home. The funds may be paid in one lump sum,
regular monthly payments, established as a line of credit, or a
combination of all three.
The amount for which you qualify will vary depending on your age,
geographic location, the value of your home, current interest rates,
and the product you select.
