Reverse Mortgage

Turn your equity into monthly income

An older couple looking at a laptop.

See if you Qualify

A reverse mortgage is a loan made to a homeowner who is at least 62 years-old and wishes to convert the equity in their home to cash.
Unlike a home equity loan, the homeowner does not make monthly payments to the lender. In fact, with a reverse mortgage, monthly payments are made by the lender to the homeowner. A reverse mortgage isn’t repayable until the borrower no longer occupies the home as their primary residence.

Benefits of a Reverse Mortgage

  • Convert the equity of your home into cash
  • Receive a stable monthly income
  • Receive a lump sum or stream of payments

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Reverse Mortgage Video Series

We know you have questions.  We have answers.

Our mortgage experts put together a quick video series to help answer some of the most common questions members have about reverse mortgages, including:

  • What is a reverse mortgage?
  • Am I eligible for a reverse mortgage?
  • What the difference between a fixed or a variable rate reverse mortgage?
  • How do I apply for a reverse mortgage?