How it works
One of the largest pros of a reverse mortgage is the flexibility it gives you to make financial choices that fit your lifestyle. Whether it’s covering everyday expenses, planning for the future, or simply enjoying what life has to offer, your home equity can be used to help craft a future that works for you.
Get Peace of Mind
Reduce stress around money and gain the confidence of knowing you can stay in your home3 without monthly mortgage payments.1 With fewer financial burdens, you can focus on what truly matters—your health, happiness, and the freedom to enjoy life your way.
Enjoy Life’s Possibilities
Give yourself the flexibility to say “yes” to new opportunities and experiences – whether it’s renovations to make your forever home even more comfortable, a well-deserved vacation, or simply more room in your budget for the things that bring you joy.
Support Loved Ones
Whether it’s assisting a child with a home down payment, contributing to a grandchild’s education, or providing financial stability to your family, unlocking your home’s equity can help you create a lasting impact for those who matter most.
1The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
3The right to remain in the home is contingent on paying property taxes and homeowner’s insurance, maintaining the home, and complying with the loan terms.