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.

Criteria

  • 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.