Reverse Mortgages
What is a Reverse Mortgage?
A reverse mortgage lets you tap into the equity of your home, but includes ongoing responsibilities to maintain the property and pay expenses like taxes and insurance.
For seniors aged 62 and older, Reverse Mortgages help to convert equity into cash that could be used to supplement a fixed retirement income and pay for medical and other daily expenses.
Reverse Mortgage Benefits
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- Government Insured – Reverse Mortgages are insured and regulated by the United States Government
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- No Payments – There are no payments on the lump sum or monthly income you receive
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- Retirement Income – You pay no taxes on the money you draw
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- Cash for Any Purpose – You can use this income for anything you wish
The Liberty Rapid Approval Advantage ™
What would normally take weeks, now can take minutes. In an industry, where time is literally money, we walk you through the loan process and help you close faster.
1. Confirm Eligibility
We review your current financial situation with you and provide expert guidance on your various financing options
2. Give You a Quote
Within minutes, we break down each scenario in plain English and give you time to make your own decision
3. Apply for Loan
Once you are in our system, the moment you give us the word – your rate will be locked in and loan will be secured
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Decades of experience helping families fulfill their future. Give Liberty Mortgage Lending an opportunity to provide you with 5 star service!