Reverse Mortgage

Your home’s equity could be your best friend during retirement. You worked hard for that equity, and now it can work hard for you, allowing you to live comfortably at home during your golden years.

Get Started

Suddenly, your home's equity turns into cash. It's magic (otherwise known as a reverse mortgage).

How a Reverse Mortgage Works—In a Word, EASILY.


A reverse mortgage is similar to a traditional home equity line, except you get to keep the money and retain ownership, without making a monthly payment. At the end of your reverse mortgage—that is, when you permanently move out or pass away—the money you've used, plus interest, is deducted from the value of your house. Your heirs can then sell the house and receive the balance.  Or they can pay us the difference and keep the home. It's completely up to them.

Benefits of a Reverse Mortgage:

  • Insured by the government
  • Provides access to extra tax-free income
  • You retain ownership of your home
  • No prepayment penalty
  • No  income, employment or credit requirements
  • Receive funds in one lump sum, in regular monthly payments, as a line of credit or as a combination of the three

So many smart ways to use your funds:

  • Get quality long-term healthcare
  • Make home repairs and renovations
  • Travel or take a dream vacation
  • Buy a boat, RV or summer home
  • Pay off debts or taxes
  • Shore up your estate
  • And much more

How to qualify:  Step one—have a 62nd birthday party.

If you are at least 62 years of age and have equity in your home, you can get a reverse mortgage.  How’s that for simple?  Yep, the golden years are going to be even more golden.  So, call us today.

YOU’RE INVITED...
To a Free Reverse Mortgage Seminar.

To learn more about a reverse mortgage loan and to see if it is right for you, join us at one of our reverse mortgage seminars.

 
  Date & Time City   Location
Coming Soon TBA TBA

Or you can call one of our reverse mortgage loan officers:
Amber Rainford at 801-292-0353 or David Thompson at 801-325-6231

Investment Tips

Get the Most Out of Retirement By Saving Early On

Saving for retirement can be a concerning proposition, whether the target date is five or 50 years away. There is plenty of advice available, but it can be difficult to figure out the right approach for your specific situation... Read More »

Estimating Your Retirement Income Needs

You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement... Read More »

Advice for IRA Season

With tax season fully upon us, it’s time for individual retirement account holders to focus on the health of their IRA and make sure they get their contributions... Read More »

What is Home Equity

If you are seeking a line of credit for as higher education, home improvements or medical bills, then a home equity plan may be the right option for you... Read More »

Playing Catch-Up: Accelerating Retirement Savings

Realizing you’re behind on your retirement savings can be a sobering experience and catching up isn’t easy. But panicking won’t help the situation. Instead, if you formulate a plan that triggers important changes and adhere to it, you can still manage to salvage some comfort in the homestretch of your career... Read More »


Retirement Planning

Whether you’re just starting out in the workforce or you’re a veteran of 9-to-5 jobs, it’s important to keep your retirement plans in mind. Being done with work may mean more time to enjoy a leisurely life, but it can mean a... Read More »


Read More Articles »

Connect with us

Live Help

Chat With A Member Of Our Support Team

First Name
Last Name
Email
Submit

CHAT SUPPORT IS AVAILABLE

Monday - Friday: 9:00 AM - 6:00 PM MDT
Saturday - Sunday: Closed

Check out our FAQs

Which type of account would you like to register?

(including re-registrations)