Why is it new?

In the past the reputation given to Reverse Mortgages was very negative and for the most part it was deserved.

Now almost all Reverse Mortgages are guaranteed and insured by the Federal Housing Authority or FHA. Today's Reverse Mortgage Program is endorsed by the strictest watchdog group of all for Seniors- AARP

What is a Reverse Mortgage?

It is money you and your spouse will get from the equity in your home that never has to be paid back as long as you occupy the property as your primary residence.

How do we qualify for a Reverse Mortgage?

You and your spouse must be 62 yrs. of age and reside in the home as a primary residence and have equity in the property.

There are no income requirements, no credit checks and  NO MONTHLY PAYMENTS.  

The money you receive is tax free