Reverse Mortgage

Requirements:

  • Must be at least 62 years of age
  • Home must be primary residence 
    • Must be single family residence or a max of 4 units (one occupied by borrower) 
    • Borrower must be on title
    • Borrower must own home or have low remaning mortgage balance
  • Must have satisfactory credit
  • Must show ability to pay property taxes and homeowner's insurance