Reverse Mortgages Offer Senior Homeowners
a Way to Turn Home Equity into Tax Free Cash!
Learn How the Program Works
This Safe Government Program is not right for everyone but under the right circumstances a reverse mortgage can be life-changing.
Use the Loan Proceeds Any Way You Choose. There are no spending restrictions and no taxes are paid on the money you receive from the loan.
Why Get a Reverse Mortgage? Pay off your mortgage (if any), eliminate debt, pay for medical expenses, long-term care, home repairs and improvements, or establish a line-of-credit for future financial security. Enjoy Your Retirement.
Homeowners age 62 and older who have paid off their mortgages or have only small mortgage balances remaining are eligible to participate in HUD's reverse mortgage program.