We now offer Reverse Mortgages!
Another loan option to complement our already expansive list of products!
“A reverse mortgage is a type of home loan for older homeowners that requires no monthly mortgage payments. Borrowers are still responsible for taxes and insurance. Reverse mortgages allow elders to access the equity they have built up in their homes now, and defer payment of the loan until they die, sell, or move. Because there are no required mortgage payments on a reverse mortgage, the interest is added to the loan balance each month.” (Wikipedia)
Watch the videos below to learn more about Reverse Mortgages!