Non-QM Loans :  1-858-997-9135
VA & Conv Loans :  1-855-537-6969
Non-QM Loans :  1-858-997-9135
VA & Conv Loans :  1-855-537-6969


Find Out if You Qualify

What Is a

Reverse Mortgage

You must 62 years or older to qualify and may help seniors to pay for daily living expenses. No minimum credit score needed, no income requirements and you do not make loan payments. Schedule an appointment with a reverse mortgage specialist today at (858) 997.9135

What is a reverse mortgage in simple terms?

A reverse mortgage is when the lender pays you for the equity in your home. The lender effectively taking the equity in your home and breaking it up into monthly payments to give you cashflow. In a way, it’s an advance payment on your equity from your home. This money should be tax free, but always consult with your tax advisor to confirm.

Can you lose your home with a reverse mortgage?

A borrower could lose their home if they don’t keep their home up to standards required by the FHA standards. If your home falls into a poor condition, then it could trigger a potential foreclosure and lender may force borrower to leave the home.

Is it difficult to sell your home if you’re in a reverse mortgage?

If your currently in a reverse mortgage or plan to be in one with the intention to sell your house in the future, then you’re in luck. You can sell your house while it’s in a reverse mortgage. Lenders can’t force you to sell your home, however, should you choose to sell it you can. You will need to pay off the mortgage balance due to your reverse mortgage lender including any early termination fees plus interest.

How long does it take to get a reverse mortgage?

The average time to get a reverse mortgage is 30 to 45 days, in some cases it could take up to 60 days depending on how long it takes to get an appraisal completed.

Do you own your house in a reverse mortgage?

The title of a home remains in your name when you do a reverse mortgage. Most reverse mortgages are also known as Home Equity Conversion Mortgages (HECM).

Is there a catch with a reverse mortgage?

Be sure and read the fine print to understand what you’re getting into. In some cases, the reverse mortgage proceeds might not be enough to cover property taxes, home maintenance costs, and homeowners’ insurance.

Reverse Mortgage
Reverse Mortgage

Is it worth taking a reverse mortgage on your home?

Everyone’s circumstance is different. Depending on the financial health of your situation dictates whether you need one. It’s a smart move if you’re looking to supplement your Social Security Income so you can enjoy life more maybe take a vacation or spend money on loved ones. Your home equity is yours you can’t take it with you so might as well enjoy it. 

How long do your heirs have to pay back a reverse mortgage?

If a borrower that has a reverse mortgage passes away, then expect to hear from the lender about options you have available on the loan. Industry average is 30 days to decide postmortem. Should the heirs decide to pay off the mortgage, most lenders will allow up to 180 days to sell the property or pay off the reverse mortgage with a new mortgage.


Home equity loan &

Reverse mortgage.

The most common type of reverse mortgage is a loan insured by the Federal Housing Administration (FHA), which is also called a HECM. It allows you to access your home equity and turn it into cash. Borrowers choose a reverse mortgage because it allows them to remain in their homes, as long as they meet the loan terms, and provides funds that can greatly supplement their retirement income.

Eliminate Monthly Mortgage

Without the burden of a monthly mortgage payment, you can free up cash to cover other important expenses.*

Access Cash

Without the burden of a monthly mortgage payment, you can free up cash to cover other important expenses.*

Monthly Mortgage

Without the burden of a monthly mortgage payment, you can free up cash to cover other important expenses.*


Reverse Mortgage Loan

Medicare or Social Security ?

Reverse mortgage loans normally do not change your edibility for Social Security or Medicare benefits. Other government programs such as Supplemental Security Income (SSI) and Medicaid can be affected by a reverse mortgage loan. Homeowners should consult with a qualified expert to find out if there would be any changes to their government benefits.

Reverse mortgage questions and answers – Go to our About Us to get a free quote!

Why Choose Us

Reverse Mortgage is Good

Medicare or Social Security

Reverse Mortgage loans allow homeowners who are older than 62 to convert part of their home equity into tax-free cash payments. The loans are insured by HECM & the Federal Housing Administration (FHA)

The Pragmatic Planner

Convert your home’s equity into monthly payments to supplement income and maintain your standard of living in retirement.

The Homebody

Never want to move? Get rid of your monthly mortgage payment and finance renovations so your home continues to meet your needs.*

The Safety-Net Seeker

Establish a standby reverse mortgage line of credit that will grow over time and help cover you if unforeseen expenses arise.

The Maximizer

Did you purchase your home when prices were low or has your home value grown over the years?

The New Homebuyer

Use a Reverse for Purchase to buy a new house that fulfills all your retirement needs without a monthly mortgage payment.*

The Eager Retiree

Ready to leave behind the daily grind? Eliminate your mortgage payments and access cash so you can afford to enjoy the next phase of life.*