What is a Reverse Mortgage?

A Reverse Mortgage is a federally insured loan that allows homeowners age 62 and older to use a portion of their home value without creating a monthly payment. Best of all, you maintain ownership. The money received from the Reverse Mortgage is tax-free.

By letting your home pay you back, the value you convert to cash opens new opportunities. In addition, you will NEVER be forced to leave the security of your home, or make a payment as long as you live in your home.

Simply Put: A Reverse Mortgage is the only safe way to access a portion of the value in your home without ever having to make a monthly payment.

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Reverse Mortgages October 11, 2015

Location

Headquarters
614 Old Edmondson Ave., Suite 200
Catonsville, MD 21228-3360
Toll Free:
1-800-420-5515

Maryland Office:
410-788-7070

Eastern Shore Office:
410-600-0600

District of Columbia:
202-719-0625

Virginia:
703-879-2316

Licenses

NMLS # 179014
www.nmlsconsumeraccess.org

Maryland - Lender # 06-20057

District of Columbia - Mortgage Broker # MLB179014

Virginia - Licensed by the VA State Corp. Commission, Mortgage Broker # MC5642

Social Media

Reverse Mortgage Answers on Facebook

Recently, we helped a client who inherited a property with her brother and sister. She wanted to keep the home, but the house was left to all the siblings. She lived on a fixed income, and she could not afford a monthly mortgage payment. Her lawyer referred her to me, and she gave me a call. We were able to use the Reverse Mortgage to pay off her siblings so she would become the sole owner and remain in the home. ... See MoreSee Less

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5 days ago

Reverse Mortgage Answers

After a person does a Reverse Mortgage, does he or she have any responsibilities afterward? ... See MoreSee Less

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After a person does a Reverse Mortgage, does he or she have any responsibilities afterward? Let's find out the correct answer to that today at 4:00 p.m. with Mr. Mark McVearry. We hope that our weekly live videos are educating you about the Reverse Mortgage in a short, but effective manner. See you soon! ... See MoreSee Less

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