Unlock your homes equity for a possible retirement solution
Reverse Mortgage
What is a Reverse Mortgage?
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? Explore the steps below or contact us today—we’re here to help!
30+
Years of experience
15 Days
Average to Close
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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.