Features

  • Maximum LTV
    50%
  • Minimum Age
    62
  • Minimum Equity
    50%
  • Property Value
    Starting at $40000
  • Counseling Fee
    $125
  • Margin Rate
    2%
  • Origination Fee ($)
    Up to $6000
  • Funding Time Range (in days)
    30 - 45
  • Reverse Mortgage Options
    • HECM for home purchase
    • Lump sum
    • Standard
  • Reverse Mortgage Payment Options
    • Line of credit
    • Monthly disbursement
    • Partial sum
  • Loan Amount
    $20000 - $679650
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