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For a personal phone call with an expert - dial (800) 760-5363

We  understand the unique concerns of Seniors, we developed procedures that are easy on a Senior. There are very few qualifications. We keep you informed every step of the way.  We have one of the largest Reverse Mortgage processing staffs in the United States. All to serve you.

Qualifying is simple.   There is no risk to you and no obligation on your part. You need to be 62 or older,  live in your own home, and have a desire to stay there! Most homes or condos will qualify, as long as it is your principal residence.

Our Senior-friendly process will tell you how much money is available to you to use any way you wish.  You can  use  the money  for anything  you  want to and you never have to make any monthly payments.  You could buy a new car,  put a new roof on your house, fix the air conditioner;  you name it.   You could even choose  to invest  in  other  financial services making your retirement more comfortable. What you do with your money is up to you. Our  plans  are  federally  insured  and  the concept of a Reverse Mortgage is endorsed  by  the  AARP,  NRMLA,  and  FHA.   This is the most regulated part of the Mortgage Industry.  You  can be confident that you are entering into a safe and secure relationship.

 
Here is a quick summary of our programs.

Home Equity Conversion Mortgage (HECM)
America's SAFEST and most popular Reverse Mortgage  For primary residences of most types, take your benefits in a lump sum, or ask for us to send you a monthly payment for the rest of your life. Or just open the account and let the available cash sit on the side lines for a rainy day. Or, even better, ask us for any combination of the above. We can pretty much do whatever you need. You are never asked for a personal guarantee -your home is the ONLY source of eventual repayment. All your "closing costs" are deferred until you pass away or sell the home, so opening your account does not require you to have extra money. 

Fixed rate HECMs give you peace of mind and more predictable retained equity, but  the traditional Treasury or Libor based HECMs might give you more cash or a better credit line growth rate.

One size does NOT fit all, as they say. It depends on what your particular needs might be.

Fannie Mae "Home Keeper" Program (HK)  Another program also for primary residences of most types, you can take your benefits in any combination of ways, just like the HECM.  Certain restrictions apply in Texas.

Jumbo Programs for properties over $500,000  These jumbo home equity plans work with most types of primary residences and have lending limits all the way up to $10,000,000 and more. These accounts are not for everybody, but a sophisticated person who wants to quickly and privately access cash from their home for investment purposes will find this program works quite well. There are NO monthly payments, so you use the cash for whatever you want - with no negative cash flow. Think of the possibilities.

Let's do a little MYTH BUSTING

No, we don't take your house away. Its yours until you pass away or sell, then it belongs to your estate. The government does NOT want your home. (No offense, of course). We are NOT in the real estate business. Your home is your home, period.

Yes, usually there is equity left for your heirs. Unless you specifically tell us to let you "spend every penny", your heirs will inherit whatever equity is there (after settlement with HUD) and no one can take that away from them.

WHAT ABOUT THOSE "HIGH COSTS" ? 

Reverse Mortgages                                    "Normal" Mortgages

No income verification.                                  Prove your income!

No assets needed.                                       Prove you have some money. Huh?

No credit record needed.                               You better have good credit.

No personal guarantees.                               You must guarantee the loan.

If property value drops, you don't pay.             If property value drops, you still pay!

NO MONTHLY PAYMENTS EVER.               You pay, and pay, and pay, and pay.

You DON'T PAY up front costs.                   Get out your checkbook, folks.

No income tax issues!                                Possible income tax issues.

Will my property qualify? 

CLICK HERE to see if your house qualifies.                

How do I recognize a good loan officer?

(800) 760-5363