If you're 62 or older, a Reverse Mortgage could help you make the most of your retirement. This lending option gives eligible home owners access to the equity in their homes, without having to make a monthly payment*. Funds can be utilized to cover monthly bills, health care needs, and more.
- Must be 62 years old or older
- No minimum credit score required
- Must occupy the home as a primary residence
- Available for refinance or purchase
- Funds available in a lump sum or line of credit
*You may still be required to pay property taxes and homeowner’s insurance.