What is a Reverse Mortgage?
A Reverse Mortgage is a unique loan that enables homeowners age 62 or older
to convert part of the equity in their homes into income without having to sell the home, give up title, or take on new monthly
mortgage payments.
Benefits to You:
• No income restrictions
• No monthly payments
•
No restriction on use of funds
• Proceeds are non-taxable*
*consult tax advisor