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Reverse Mortgage Loan Options

A Quick Snapshot of Your Reverse Mortgage Options

Reverse

Access the equity in your home with a reverse mortgage, providing you with additional financial freedom. Our experts will guide you through personalized options that fit your unique needs, explaining the benefits, costs, and potential risks. Whether you want to supplement your retirement income or cover unexpected expenses, our licensed team will help you navigate the process with confidence and ease.

Reverse Fixed Seconds

A Reverse Second Mortgage allows homeowners aged 62 or older to tap into their home equity without monthly payments and allowing their low rate first mortgage to remain intact. Instead of paying down the loan, the balance grows over time, providing additional funds for retirement while allowing you to stay in your home. Perfect for those looking to enhance their financial flexibility.

Reverse HELOC

A Reverse HELOC (Home Equity Line of Credit) offers a revolving line of credit for homeowners aged 62 or older, allowing access to home equity as needed without monthly payments. This flexible option grows over time, ensuring available funds increase with the home's value, providing a reliable source of income in retirement.

Convert home value into financial freedom

A reverse mortgage is a loan available to homeowners aged 62 or older that allows them to convert part of their home’s equity into cash. Unlike traditional mortgages, where the borrower makes monthly payments to the lender, with a reverse mortgage, the lender makes payments to the homeowner. The loan is repaid when the homeowner sells the home, moves out, or passes away. It’s often used as a way to supplement retirement income without having to sell or move from the home. Need guidance? We’re here to help!

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How Soon Do You Want To Access Your Home Equity?

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Preparing For Retirement

Reverse My Mortgage

Why choose Select Home Loans?

  • Diverse mortgage options: Conventional, FHA, VA, Reverse Mortgages, Non-QM Loans, HELOC’s and Seconds Mortgages.
  • Trusted reputation: A+ Rated and accredited by the Better Business Bureau.
  • Quick and efficient closings: E-signing and in-house underwriting streamline the process.
  • Customized service: Solutions crafted to meet your specific requirements.
  • Established credibility: A solid track record of trust and excellence.
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Transforming Your Financial Goals Into Reality

15

Average to Close

3500

People found their dream home with Select Home Loans

40

More savings than you would get with some of our competitors

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Hear What Our Clients Have To Say!

“While visiting my wife's parents who have lived in Florida for a number of years, my wife and I decided to look for a new home. After looking at several homes for sale, my wife and I found the home we wanted. We mentioned to our real estate agent that we would need to obtain a mortgage as it would probably be a year until we were ready to sell our home in New Jersey and he recommended that we contact Select Home Loans. That was the best advice we received. Although we were some 1,300 miles away, our David Shefsky at Select Home Loans walked us through each step requesting the necessary documentation he needed. Two months later, we had our mortgage. One year after that, we became permanent Florida residents and Select Home Loans helped us achieve our goal. Thank you”

Re S.Boca Raton, FL

“I just wanted to send a note to thank you for all of your support and guidance throughout the mortgage process while purchasing our home. It could have been a nerve-racking experience and you very calmly guided me along the way and certainly made the experience much better than it easily could have been. Once again, thank you. It was a pleasure doing business with you and Select Home Loans.”

Isabel B & Gerald BWest Palm Beach, FL

“Thank you Scott, for your superb assistance with Barry & Sally! Really appreciate working with people that take their profession to that next level like you!”

Miriam L.Orlando, FL

“When I found a house I wanted to purchase, was new to the area and just picked a mortgage company out of a hat. Fortunately, this was Select Home Loans and my experience working with my Mortgage Banker was excellent. He was professional, knowledgeable, and efficient, as was his office staff. Although I had the financial resources to pay for the house, my financial situation was unusual, and he was up to the challenge of working out a loan for me with a good interest rate. From start to finish, the process went smoothly and without any surprises. Any potential hitches were dealt with quickly and effectively; his manner was always pleasant and he made himself very available. No long waits for him to call back. I highly recommend Select Home Loans.”

Judy M.Boca Raton, FL