11/03/2023
Yup, you read that right!
But what is a reverse mortgage anyway? 🤔
It allows qualified buyers who are 62 or older to access a portion of their home’s equity without giving up any ownership of their home and without required monthly principal and interest mortgage payments*. (No monthly mortgage payment? Count us in! 🥳)
If you (or someone you know!) are getting ready for retirement and are thinking about a reverse mortgage, reach out to a Movement loan officer today to learn more!
*Qualified borrowers only. An underwriter will review credit history, property charge history, and residual income to ensure the loan is likely to be a sustainable solution for the household. Borrower is required to pay all property charges, including, but not limited to, property taxes, insurance and maintenance.