When we first met I was struggling to pay my bills and living only on social security income and a small pension. I needed a new roof and water was leaking into the bedrooms. Now, I have a line of credit from the reverse mortgage. I replaced my leaking roof and water damaged ceilings. I also treated myself and renovated my kitchen. Thank you for changing the course of my life.
Over 1 million Americans have utilized a reverse mortgage for things such as home remodeling, taking a dream vacation, spending more time with friends, and helping a grandchild with the cost of college. A reverse mortgage is specifically designed for older adults and provides the unique advantage of accessing your home’s equity.
There are many benefits to a reverse mortgage, including not having to pay a monthly mortgage payment. You will only need to follow the loan’s terms and pay your other payment obligations such as property taxes, homeowners insurance, and maintenance.
Experience new possibilities!
Reverse Mortgage Loan Options
EquityPower Reverse Mortgage
EquityPower is Nationwide Equities’ private reverse mortgage loan program that…
HECM
A HECM (Home Equity Conversion Mortgage) is a loan that enables homeowners, who are at least 62 years old …
Reverse Mortgage Refinance
Just like a traditional mortgage, reverse mortgage borrowers are able to refinance their reverse mortgage.
Reverse for Purchase
Did you know you can purchase your next home with a reverse mortgage?