Reverse Mortgage Program

Use the hard-earned equity in your home to help you live a more comfortable retirement. With the HUD-insured, "Home Equity Conversion" (reverse mortgage) loan program you can tap into your home’s accumulated equity and create a source of tax-free income to supplement your Social Security and other retirement income.

• Must be a minimum of 62 years of age for eligibility. Cash benefit is based on several factors determined at application
  
  
• The reverse mortgage customer always retains ownership and lives in their home
  
  
• Cash proceeds can be used for any purpose: to supplement income, to offset the cost of health or in-home care insurance premiums, even to purchase another property in a warmer climate to be used on a seasonal basis!
  
  
• Loan Proceeds are not considered income and will not affect Social Security or Medicare benefits (although other types of specialized benefits may be impacted)
  
  
• Heirs can keep the home once the reverse mortgage is repaid
  
  
• Loan Proceeds can be obtained in lump sum, monthly installments or even as a line of credit
  

Find out how a reverse mortgage can help make the "American Dream" continue into retirement!

For complete information call our Mortgage Center toll-free at 1-888-705-9596 to meet with one of our Mortgage Specialists.

LIST OF APPROVED REVERSE MORTGAGE COUNSELORS

American Association of Retired Persons (AARP)
1.800.209.8085

Consumer Credit Counseling Services (CCCS)
1.800.327.6778

Credit Counselors of Northern New England
1.866.346.2227

Money Management International (MMI)
1.877.908.2227

National Foundation for Credit Counseling (NFCC)
1.800.388.2227