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1 (888) 790-0292 Updated March 10, 2010 |
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If you are a minimum of 62-years of age and are a homeowner you are eligible for a FHA HECM reverse mortgage. Even homeowners who have put his/her home in a living trust usually can qualify for a reverse mortgage. Neither income nor credit ratings apply since you make no monetary payment on the home.
Is A Reverse Mortgage Right For You?Please click on the links below to see our video series on reverse mortgages (this will take you to an external page on YouTube.com). Please subscribe to the channel and you will be notified as more webisodes become available, our goal is to provide information and news regarding FHA and the reverse mortgage program. Reverse Mortgage CalculatorCopyright Reverse Mortgage GuidesYou can call The Reverse Mortgage Learning Center* at 888-669-6498. |
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Benefits of a Reverse Mortgage |
The Tax Exemption
Income received from your Reverse Mortgage is usually tax-exempt (consult your tax advisor) and does not affect regular Social Security or Medicare benefits, but may affect eligibility for other types of government assistance. |
Government Insurance Reverse Mortgages are insured by the Federal Housing Authority (FHA) or backed by Fannie Mae. This means your financial security is safe and backed by the largest institution in the world. |
| No Payments Required Reverse Mortgages are insured by the Federal Housing Authority (FHA) or backed by Fannie Mae. This means your financial security is safe and backed by the largest institution in the world. |
Payoff existing Mortgage
You can use the proceeds to pay off an existing mortgage and eliminate your monthly mortgage payments. This means that you can become financially free sooner and enjoy your retirement for what it should be. For You. |
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Whether you are just looking for a quote or you are ready to get started now, our lending experts are standing by to assist you. | ![]() |
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