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Senior Reverse Mortgage Home
Choosing Your Reverse Mortgage
Disbursement Option
Disbursement Option
I need to....
Supplement my income.
The Tenure option will allow you to receive monthly payments
as long as you remain in your home.
Supplement my income to cover a temporary increase in my
monthly expenses
The Term option is designed to allow you to receive monthly
payments for a fixed period of time.
Access a substantial amount of funds for a large, one-time
expense.
The Lump Sum option can be used to cover medical bills,
complete home improvements, or anything else you need.
Have access to funds that are available as needed.
The Line of Credit option gives you easy access to funds if
you ever experience an unforeseen expense.
Supplement my income, as well as have access to extra funds
in the future.
The Modified Tenure option allows you to receive extra money
for monthly expenses and gives you access to additional funds as you
need them.
Supplement my income cover a temporary increase in my
monthly expenses, as well as have access to extra funds in the future.
The Modified Term option can temporarily supplement your
income, while also allowing access to additional funds when you choose.
Reduce my total monthly obligations.
The Lump Sum option is a useful tool that eliminates your
monthly mortgage payment, and allows you to consolidate other debts.
Put an end to foreclosure proceedings.
The Lump Sum option can be utilized, even if you are
currently in default on your mortgage, and will allow you to remain in your
home without a monthly mortgage payment.
