Why Purchase a Property with a Reverse Mortgage?

  • Maybe you are generally an all-cash buyer but the home you really love is a little higher priced than the cash you have on hand. You can add the balance as a reverse mortgage and still have no payments ever! (Except for taxes, insurance, and maintenance.)
  • Perhaps you are scaling down and could buy a property all-cash but that wouldn’t leave you any equity to spend on yourself or on furnishing the new home. Put down some cash, put the rest into a reverse mortgage, and keep the extra money to spend any way you like. Remember, you will have no payments for the reverse.
  • Buy a property, leaving you extra money for anything that may come up, while getting a mortgage for the balance that you will never make a payment on.

Contact us to receive a formal quote. Find out how much you can afford with a reverse mortgage.

Apply Now