Looking to compare mortgages? Would you like to know a professional in your area to help you navigate the process so you know you are making the right choice? We offer a free (100%) and easy way to research the latest mortgage rates, read the product reviews on home loans, information on the mortgage brokers in your area, in a safe and secure site dedicated to helping you find the mortgage that is right for you. Once you've found what you need, we'll help you apply securely online to get pre-approval or negotiate for a more competitive rate.
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- Reverse Mortgages are a great tool for ages 62 an older
Many people age 62 and older are not aware of the great tool that they have in creating monthly income. If you own your home, or even if you still have a small mortgage, but have equity, a reverse mortgage might be the right choice for you to get back what money is yours.
A reverse mortgage is a way to refinance your primary residence where the mortgage lenders pay you. You can opt for a lump sum or get monthly payments while you still live in the house. Use our reverse mortgage calculator to factor in what you owe on the house and what it is presently worth (an official appraisal will be required by the lender at the time of the loan). Based on your age and needs you can see if getting a monthly payment while living in your house is right for you.