Reverse Mortgage
A Reverse mortgage can be a great way for qualified homeowners who are 62 years of age or older to access the equity in their homes. A Reverse mortgage can provide you with the means to supplement your monthly income, cover healthcare costs, payoff existing mortgages or other financial obligations, fix up your home, or simply gain peace of mind. Whatever your specific goals, a reverse mortgage can go a long way towards helping you maintain your financial independence.
A Reverse mortgage is a loan against your home that you do not have to pay back for as long as you live in the home. You have several choices about how you receive the cash from the loan, and you still own your home throughout the entire term of the loan.
A reverse mortgage can help turn the value of your home into cash without having to make monthly mortgage payments and can help you better manage your financial future.
Contact Stephanie Donovan, Reverse Mortgage Specialist, at 435-652-2636 or stephanie.donovan@southwestfederal.com to see how a reverse mortgage can benefit you or someone you love.
Tools
Reverse Mortgage Calculator.
