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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

kpetrey@cumortgage.net

 

Must own home as primary residence in VA, MD, DC, NC, FL, WV and GA.

*Please consult your tax advisor.

15 Year Fixed 100%

Best Choice If:

  • You plan on staying in the home long-term.
  • You need your monthly payments to remain fixed over the life of the loan.
  • You would like to pay-off the loan balance quickly.
  • Advantages:

  • Level principal and interest payments for the full term of the loan.
  • No risk that changing market conditions will increase your monthly payments.
  • This product will pay-off the loan balance the quickest.
  • Disadvantages:

  • Monthly payments are higher than a 30-year mortgage
  • Mortgage Rates

    The Loan Consultant feature determines the products and rates that match your needs.

    Ready to Start?

    To apply for your easy online loan, all you have to do is answer a few simple questions about yourself, your property and your income, debts and assets.

    Apply