The key to a more secure retirement might already be in your pocket.

We are experts in Reverse Mortgages or Home Equity Conversion Mortgage (HECM)

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How the power of home can bring you closer to the retirement you deserve.

While most people approaching retirement think of their personal net worth in terms of savings, stocks,  bonds, or retirement accounts, the reality is quite different. Studies show that half of homeowners age  62 or older have at least 55% of their net worth tied up in home equity.

What exactly is a “reverse mortgage”?

With a reverse mortgage, more accurately now called a Home
Equity Conversion Mortgage (HECM), homeowners age 62 or
older receive a portion of their home’s equity while living in the
home, and with no monthly mortgage payments. The funds
are income tax-free, and borrowers retain ownership and
title to their home as long as they:

• Live in the home as their primary residence.
• Continue to pay required property taxes
and homeowners insurance.
• Maintain the home according to Federal
Housing Administration requirements.

What are the benefits and
uses of a reverse mortgage?

From eliminating your monthly mortgage payment to paying  for unexpected expenses, a reverse mortgage can help provide  financial flexibility and relieve many of the financial pressures  you face in retirement. A HECM can allow you to:
• Pay off an existing mortgage, monthly bills,
or healthcare expenses to increase cash flow.
• Make needed home repairs or modifications
to live more comfortably.
• Replace taxable withdrawals from 401(k) or other retirement plans with tax-free reverse mortgage proceeds.2
• Establish a line of credit for emergencies
or occasional expenses.
• Help a child or grandchild with major expenses, like a down payment on a home or college tuition.

Let us help you  
unlock the power of home.

From paying off a mortgage, to creating consistent monthly income, to smarter tax planning, a reverse  mortgage can unlock the equity in your home for a more secure retirement.

What amount can you receive
from a reverse mortgage?

The amount of money that you can receive from a HECM
depends on a number of factors, such as your age, the
type of reverse mortgage you select, current interest rates,
and the appraised value of your home.

How can you receive the money?

Depending on the specific program you choose,
there is a range of options for receiving the
proceeds of a reverse mortgage, including:
• A monthly income stream
• A lump sum payment
• A line of credit
• Any combination of the above