Reverse Mortgage Loan
If you're a homeowner over the age of 62, a reverse mortgage can give you tax-free* income for as long
as you stay in your home.
You can use the funds for whatever you desire:
- Repair or remodel your home
- Help pay for your grandchild's education
- Visit your family or friends
- Buy a new car or RV
- Travel the world
- Pay off late bills
- Maintain your lifestyle in retirement
A reverse mortgage is a loan that lets you tap into the equity in your home. The amount of cash you can
receive is determined by your home's current appraised value and your age. You can receive your money in
a variety of ways:
- Lump sum
- Line of credit
- Monthly payments
- Fixed term payments
- Combination
You retain ownership and control of your home and no repayment is required for as long as you stay in
your home.
Stop by and get started today!
*Please consult your tax advisor
All loans subject to credit approval.