Reverse Mortgages & You Just The Facts
We are committed to providing you with the most comprehensive reverse mortgage information available online.
Reverse Mortgages At Your Fingertips
On Senior Reverse Mortgage.com, you will find that your education is the first step toward making an informed decision about your financial future. To create this opportunity for you, we provide a variety of state reverse mortgage information that is easy to access from the comfort and privacy of your home.
What is a Reverse Mortgage?
It is like a traditional mortgage except that the bank pays you, rather than the other way around. This innovative financial tool helps you access your home's equity without the burden of a monthly mortgage payment.Learn About Us Visit Our Trust Section
Am I Eligible?
The most commonly utilized reverse mortgage is the Home Equity Conversion Mortgage (HECM), which features extensive consumer safeguards and is insured by the Federal Housing Administration (FHA). The eligibility requirements include:
- The youngest owner on the title must be at least 62.
- The home must be your primary residence.
Learn about the different disbursement options available with a reverse mortgage by visiting the links below. Take advantage of our convenient reverse mortgage quotes to help you decide!
What You Need to Know
For over 47 years, we have been helping Americans achieve their financial goals by offering a reverse mortgage that meets the financial needs of seniors. We have consistently maintained an A+ rating with the Better Business Bureau and our clients by providing the best reverse mortgages backed by leading customer service.
Ethics, experience, education are three things that matter to our reverse mortgage specialists. We hand select our specialists based on their knowledge and experience with reverse mortgages. Our specialists, combined with a seasoned and intelligent processing team, will get your reverse mortgage closed in as little time as possible. You will find that our reverse mortgage specialists truly care about helping you reach your goals and improving your quality of life.
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Reverse Mortgage Processing:How it Works
One unique feature of a reverse mortgage is the mandatory counseling with a HUD-approved counselor. Once this has been completed, the application will go through the following stages:
Reverse Mortgage Purchase
Reverse Mortgage Refinance
Already have a reverse mortgage? It can be refinanced to:
- Get a fixed and/or lower rate.
- Take advantage of additional equity.
- Add or remove a borrower.