Reverse Home Buyer

Do You Know About Reverse Mortgages?

Even though using a reverse mortgage to purchase a home has been a viable option for nine years, most homebuyers aren’t aware that it is available. However, there has been a recent surge in popularity over the past few years due to significant enhancements and improvements to the reverse program, namely much lower interest rates, significantly lower fees, and many other protections for seniors (Click here for FAQ and Common Myths)

The main difference between using a traditional mortgage vs. a reverse mortgage to purchase a home is that there is no mortgage payment associated with a reverse purchase.  This allows you to increase your purchasing power while not increasing your monthly expenses.  As a result, you can find a home that better fits your needs and in a neighborhood that will foster a better quality of life for you. Get in touch with us to get started!