Your home probably holds many wonderful memories of the past. And now it can be your source for a secure financial future. A reverse mortgage is a convenient way for you to access the equity you’ve built up in your home.
Use your loan proceeds to meet healthcare expenses, reduce credit card debt, make home repairs or simply enjoy the comfort and security of knowing that funds are there for you. Many of our clients are even paying off their current loans that require a monthly payment with the reverse mortgage that has no monthly repayment*.
With a reverse mortgage, your home and your security are protected.
• You keep the title and ownership of your home
• No income, credit, asset or employment requirements to qualify
• The Home Equity Conversion Mortgage from HUD is federally insured
• Tax free loan proceeds will not affect Social Security or Medicare benefits
Member-owned as non-profit, federally chartered credit union since 1955, serving members in all 50 states and overseas, we are committed to providing a full range of cost effective products and services to our members by employees who make a difference in our members' lives
To learn how much you may be eligible to receive and for additional detailed and easy to understand information on how this innovative program may benefit you, simply contact us today.
*There are some circumstances that will cause the loan to mature and the balance to become due and payable Borrower is still responsible for paying property taxes and insurance. Credit is subject to age and property qualifications. Program rates, fees, terms and conditions are not available in all states and subject to change.