Our Reverse Mortgage Program allows you to turn a part of your home’s equity into tax-free cash that you can use for any purpose and with no repayment for as long as you live in your home, as long as you pay your real estate taxes, homeowner’s insurance and keep the home maintained. You can use your reverse mortgage funds to pay off debts and eliminate monthly mortgage payments.
To qualify, you must be older than 62 years of age and own your home outright, or have a small remaining mortgage balance. Our FHA-insured reverse mortgage can offer you many benefits:
- There are no monthly payments with a reverse mortgage.
- You continue to live in and own your home.
- Reverse mortgages do not affect Social Security, pension, or Medicare benefits.
- Get financial relief and start enjoying a more comfortable retirement.
If you’re looking for a reverse mortgage or how this would be helping you, contact a representative of Stonecrest Financial. We’ll discuss your needs and goals and walk you through the loan processing steps.