Reverse Mortgages

A reverse mortgage is a unique loan that allows you to convert a portion of the equity in your home into tax-free* funds, giving you greater financial flexibility and security for the future. A reverse mortgage can be used to:

• Supplement retirement income
• Home repairs or modifications
• Pay for medical or long-term costs
• Delay collecting Social Security, for a larger monthly benefit
• Establish a line of credit that you can tap into as needed
• Purchase a new home

Depending on your qualifications and eligibility, you can receive your funds in a lump-sum distribution, a line of credit, monthly or term disbursements, or any combination of these payment options.

Must own home as primary residence in VA, MD, DC, CO, DE, FL, GA, IL, KY, MI, NC, OH, OR, PA, SC, TN, and WV. *Please consult your tax advisor.