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A reverse mortgage is a unique type of loan used by older Americans to convert the equity in their homes into cash. The money from a reverse mortgage can provide seniors with the financial security they need to fully enjoy their retirement years. The reverse mortgage has earned its name because the payment stream is "reversed." Instead of making monthly payments to a lender, as with a regular first mortgage or home equity loan, a lender makes payments to you. The money from a reverse mortgage can be used for anything from daily living expenses to home repairs and home modifications.
To qualify for a reverse mortgage you must be at least 62 and own your own home. There are no income or medical requirements to qualify. You may be eligible for a reverse mortgage even if you still owe money on a first or second mortgage. In fact, many seniors get a reverse mortgage to pay off a first mortgage.
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AT HOME MORTGAGE, LLC is a premier independent lender. We provide a wide array of premier mortgage products and services from a variety of investors and lenders located throughout the US. Our highly experienced staff of mortgage professionals are looking forward to serving you. Darold Beier, Jill Statz, Lynn Thomas, Shelly Grabow
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AT HOME MORTGAGE, LLC is and Equal Housing Lender serving all of Wisconsin.
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