No Monthly Mortgage Payment
Turn the equity you've built into the retirement you want
You've spent decades building equity in your home. A reverse mortgage lets you put that equity to work, whether you want to eliminate your monthly mortgage payment, cover everyday expenses, or finally buy the home that fits your retirement lifestyle.
No obligation • Free consultation • No SSC to Start
Programs for Ages 55+
• 62+ for FHA-insured HECM
• 55+ for Jumbo proprietary programs
How a Reverse Mortgage Works
You keep the title
Your name stays on the deed and you keep full ownership of your home, just like with a traditional mortgage.
Your balance grows over time
With a traditional mortgage, your payments reduce what you owe each month. With a reverse mortgage, there's no required payment, so interest adds to your balance instead. Your equity decreases over time, but you'll never owe more than your home is worth.
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You'll never owe more than your home is worth
This is called a non-recourse loan. If your loan balance ever exceeds your home's value, FHA-insurance covers the difference, protecting you and your heirs.
How You Can Use a Reverse Mortgage
Three paths to a stronger retirement
Whether you're planning to stay in your home, purchase a new one, or access the equity you've built, reverse mortgage solutions can provide greater financial flexibility in retirement. Explore the option that's right for you.
Refinance
Eliminate your monthly payment
Ideal for homeowners on a fixed income who want to stop a monthly principal and interest payment for good.
- Stay in your home longer - free up monthly cash flow instead of depleting savings
- Keep up with rising costs - absorb property tax, insurance cost-of-living increases without strain
- Build a financial cushion - convert idle equity into a standby line of credit or monthly income
Purchase
Buy more home than you thought possible
Ideal for homeowners who are relocating, downsizing, or moving closer to family.
- Increase your purchasing power - buy your next home without taking on a monthly mortgage payment
- Move closer to family - afford a home near loved ones without straining your retirement savings
- Keep more cash on hand - use less of your home as sale proceeds as a down payment, and keep the rest
HELOC & Home Equity
Improving retirement cash flow
Ideal for homeowners looking for additional liquidity without refinancing.
- Keep your current mortgage rate – no need to replace your existing first mortgage.
- Choose the option that fits your needs – available as a reverse second lien or a senior home equity line of credit.*
- Use your equity your way – for retirement income, unexpected expenses, or major purchases.
Experience Financial Freedom
Ask me how a Reverse Mortgage could benefit you.
lo param: mike-carey
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