Available Funds
Your available funds depend on several factors including the youngest homeowner’s age, type of reverse mortgage, interest rates, the FHA reverse lending limit and any real estate liens on the property.
Payment Options
Payments can be received in a variety of ways, allowing you to tailor a payout plan to meet your needs. You can receive funds that are usually not taxed1 in the form of a lump sum, a monthly check, a line of credit or any combination of these options.
Read on to learn more about this unique loan type, and visit our frequently asked questions for even more helpful information.
| Benefits of a Reverse Mortgage |
| Funding & Payments |
| Using the Proceeds |
| Costs, Taxes & Repayment |
| What to Know Before You Borrow |
| How to Request an Estimate |
| FAQ |
