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  AmCap Reverse Mortgage
AmCap Reverse Mortgage
in Reverse Mortgages from AmCap Mortgage · NMLS ID #129122
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AmCap Reverse Mortgage

Unaffiliated
in Reverse Mortgages from AmCap Mortgage · NMLS ID #129122
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AmCap Reverse Mortgage Review

AmCap Reverse Mortgage is offered by AmCap Mortgage (NMLS #129122), a direct lender founded in 2002 and based in Houston, TX. AmCap Reverse Mortgage are available in 43 states (and Washington, DC).

AmCap Reverse Mortgage FAQ

What types of reverse mortgages does AmCap Reverse Mortgage offer?

AmCap Reverse Mortgage allows borrowers to apply for the following types of reverse mortgage.

Lump sum. The borrower can access the entire amount immediately. However, you will need to pay interest on the entire amount regardless of whether you spend it.

Monthly disbursement. With this option, you get a monthly allowance. This is a good option if you need an additional source of income to cover your living expenses. It can be used in combination with a line of credit for additional flexibility.

What fees does AmCap Reverse Mortgage charge for a reverse mortgage?

AmCap Reverse Mortgage may charge a loan origination fee.

What types of property can you use as security for a reverse mortgage with AmCap Reverse Mortgage?

Lenders often have restrictions on the type of properties they will accept as security for a reverse mortgage. AmCap Reverse Mortgage will consider lines of credit secured by the following property types:

  • Primary home

 

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Other Services by AmCap Mortgage

Availability

  Available in 43 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Washington
  • Washington, DC
  • Wisconsin
  • Wyoming

Feature Breakdown

Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Intended Use Primary Home
Minimum Age 62
Reverse Mortgage Options
  • Standard
  • HECM for Home Purchase
Reverse Mortgage Payment Options
  • Line Of Credit
  • Lump sum
  • Monthly disbursement

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