Reverse Mortgage for homeowners age 62+

Call
now!

877-271-1421

Reverse Mortgage for homeowners age 62+

Find out how much money you can get from a Reverse Mortgage

Call
now!

877-271-1421

 

 

Reverse Mortgage as a Retirement Planning Tool for Home Owners Age 62+

Homeowners age 62 and older can use a reverse mortgage as part of a retirement plan, to help them:

  • Improve cash flow while preserving more of their savings and productive investments
  • Delay collecting Social Security, so they can receive a larger monthly benefit
  • Use a standby credit line that can be tapped strategically as needed such as when investments are underperforming or unexpected costs arise
  • Purchase a home that better fits their lifestyle, without taking on monthly mortgage payments

Do You Qualify? Eligibility Criteria

  • You and any other owners of the home (such as a spouse) must be at least 62 years of age
  • The home must be your principal residence
  • You must not be delinquent on any federal debt
  • You must discuss the program with an independent counselor who’s approved by the Department of Housing and Urban Development (HUD) and from a HUD-approved agency
 

To learn more about the benefits of a reverse mortgage from FAR—and how it may help you secure long-term financial independence— please contact us today. Call toll-free 877-271-1421

To learn more about the benefits of a reverse mortgage from FAR—and how it may help you secure long-term financial independence— please contact us today. Call toll-free 877-271-1421