
Your home has built equity over the years—what if it could help support your retirement? A reverse mortgage may allow eligible homeowners age 62 or older to convert a portion of their home equity into available funds while continuing to live in their home, provided they continue to meet loan obligations such as paying property taxes, homeowners insurance, and maintaining the home. Reverse mortgages offer several disbursement options, including a lump sum (fixed-rate), or for adjustable-rate products, a line of credit, monthly payments, or a combination of these options. A reverse mortgage may help you: 🏡 Eliminate an existing mortgage payment 💰 Supplement retirement income 🏥 Cover healthcare or long-term care expenses ✈️ Travel, renovate your home, or pursue personal goals 📈 Improve financial flexibility in retirement Every homeowner's situation is unique, so it's important to explore your options with a licensed reverse mortgage professional and complete independent counseling before making a decision.
