Question 1

What is a reverse mortgage?

Accepted Answer

A reverse mortgage lets eligible homeowners (often 62+) convert part of their home equity into cash while typically not making monthly mortgage payments.

Question 2

Do I still own my home with a reverse mortgage?

Accepted Answer

Yes—you keep ownership as long as you meet the loan requirements, including living in the home as your primary residence and staying current on taxes, insurance, and maintenance.

Question 3

How do I receive the money from a reverse mortgage?

Accepted Answer

Depending on the program, funds may be available as a lump sum, line of credit, monthly payments, or a combination. We’ll walk through the best structure for your goals—[apply online](/app).

Question 4

When is a reverse mortgage repaid?

Accepted Answer

Typically when the borrower sells the home, moves out permanently, or passes away. The home is often sold and proceeds are used to repay the balance.

Question 5

Do I still have to pay property taxes and homeowners insurance?

Accepted Answer

Yes—those responsibilities remain with the homeowner. Keeping them current is required to stay in good standing.

Question 6

Will my heirs be responsible for the debt?

Accepted Answer

Repayment usually comes from the home sale; heirs often have options depending on their plans (sell, refinance, or pay off). We can explain specifics after you [apply online](/app).

Reverse Mortgage

Enjoy retirement on your terms — Reverse Mortgages let you tap into your home’s equity with flexible payouts, no monthly payments, and lasting financial peace of mind.

No Monthly Mortgage Payments

Access Your Home Equity

Stay in Your Home

Flexible Payment Options

Government-Insured Protection

Respuestas reales. Personas reales.

Calcule y explore

Mortgage calculator

Refinance calculator

Down payment calculator

Preguntas Frecuentes

Retire with confidence through a Reverse Mortgage