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Reverse Mortgage

Reverse Mortgages are backed by HUD and the FHA.  These loans can be a vital tool in estate planning.  A Reverse Mortgage can allow you to stay in the comfort of your own home longer and keep an independent lifestyle.

All borrowers must be above the age of 62 and occupy the property as a primary residence. 

Benefits include:

  • Allows older homeowner to convert a portion of their home's equity into monthly income
  • No monthly mortgage payments
  • Borrowers retain full ownership in their home
  • Loan is not due and payable until the last borrower permanently leaves the home
  • Borrower continues to be responsible for paying taxes and insurance on the property
  • No income, employment or credit requirements

Contact Equitable Mortgage today to see if a Reverse Mortgage might be right for you.  Contact our office at 800-424-1232.

The Equitable Mortgage Corporation
3530 Snouffer Road, Suite 100, Columbus, OH  43235
Toll Free:  (800) 424-1232
Office:  (614) 764-1232
info@eqfin.com
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