Reverse Mortgage
A reverse mortgage is a special type of home loan that lets a homeowner convert a portion of the equity in his or her home into cash. The equity built up over years of home mortgage payments can be paid to you. But unlike a traditional home equity loan or second mortgage, no repayment is required until the borrower(s) no longer use the home as their principal residence.
If you would like more information on Reverse Mortgages please call us anytime. One of our Professional Mortgage Planners would be happy to answer any questions you may have.
