
Reverse Mortgage
Turn your equity into monthly income

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?