Unique Loans
A reverse mortgage is a unique loan that allows you to convert a portion of the equity in your home into tax-free* funds, giving you greater financial flexibility and security for the future. A reverse mortgage can be used to:
- Supplement retirement income
- Home repairs or modifications
- Pay for medical or long-term costs
- Delay collecting Social Security, for a larger monthly benefit
- Establish a line of credit that you can tap into as needed
- Purchase a new home
Depending on your qualifications and eligibility, you can receive your funds in a lump-sum distribution, a line of credit, monthly or term disbursements, or any combination of these payment options.
To learn more about how a reverse mortgage could benefit you, please contact our reverse mortgage specialist:
Kimberly Petrey
Reverse Mortgage Specialist
NMLS #392902
855-623-6535
Must own home as primary residence in VA, MD, DC, CO, FL, GA, IL, KY, MI, NC, OH, OR, PA, SC, TN, and WV.
*Please consult your tax advisor.
