REVERSE MORTGAGES ~ ALL 50 STATES
Let your home help with what comes next.
You spent years building equity. A reverse mortgage may let you use some of it while you keep living in the home you love. Let's see whether it actually fits your plans.
No required monthly principal and interest payments on the reverse mortgage. You remain responsible for property taxes, insurance, maintenance, and other loan obligations.
36 years in
mortgage lending
Bank-backed
solutions
WA + OR + CA
expertise
A REAL CONVERSATION FIRST
Retirement would be easier
if the house chipped in,
right?
That is the basic idea. A reverse mortgage converts part of your home equity into funds you can use, without a required monthly principal and interest payment on that reverse mortgage.
It is still a loan. Interest and fees add to the balance over time, reducing the equity left in the home. You keep title, live in the home as your primary residence where required, and continue paying property charges and caring for the property. We'll look at both the freedom and the trade-offs before you decide.
THE RIGHT FIT DEPENDS ON THE WHOLE PICTURE
More than one way to use
your equity.
I can help you compare FHA-insured HECM options with proprietary reverse mortgages from Finance of America. Program features and availability vary by state and borrower situation.
01 / FHA-INSURED
HECM
For eligible homeowners age 62 or older, a Home Equity Conversion Mortgage may offer a line of credit, monthly disbursements, a lump sum, or a combination, subject to program rules.
HUD-approved counseling is required. A HECM can also be used to buy an eligible new primary residence.
02 / JUMBO REVERSE
HomeSafe
Jumbo proprietary reverse mortgage can offer possibilities for higher-value homes and circumstances that may call for a different structure than a HECM.
Available for homeowners as young as 55
Age, property, proceeds, and state availability depend on the specific HomeSafe program.
03 / SECOND LIEN
Second Mortgage
Some homeowners may be able to access equity while keeping an existing first mortgage in place, subject to eligibility and availability.
Available for homeowners as young as 55
Any required payments on your existing first mortgage continue. We'll compare the full cost and obligations.
When we discuss your specific loan parameters, we will confirm current availability and requirements for your state.
HOW WE WORK TOGETHER
Start with your goals.
Then do the math.
01
Tell me what you want to change
More monthly breathing room? Funds for a project? A move closer to family? We start there.
02
Compare the actual choices
We review eligibility, estimated proceeds, costs, payment choices, and what happens to your equity over time.
03
Make a comfortable decision
Bring family or an advisor into the conversation if you wish. You should understand the trade-offs before applying.
GOOD QUESTIONS, STRAIGHT ANSWERS
What people usually
want to know.
Reverse mortgages can be useful, but the details matter. Here are a few starting points.