Reverse Mortgages: Benefits

Benefits of a Reverse Mortgage

Our reverse mortgage products provide a wide variety of benefits for members who qualify. These benefits include:

• No monthly mortgage payments required
• Flexible payment options available
• Non-recourse loan**
• Refinance existing mortgage
• Supplement existing income
• Pay for healthcare or in-home care
• Home improvements
• Consolidate debt
• Take a vacation or buy a car

*Borrower must keep current with property taxes, homeowners insurance, homeowner association fees, and maintain home in good condition.

**If the loan balance exceeds the value of the home you and/or your heirs are not responsible for the difference.

Must own home as primary residence in CO, DC, FL, GA, IL, KY, MD, MS, NC, OH, OR, PA, SC, TN, VA & WV.