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Reverse Mortgage Debt

When you turn 62 you become eligible to take out a reverse mortgage.

A reverse mortgage is a type of home loan that allows you convert some of the equity in your home into cash. It is similar to a HELOC or second mortgage but unlike a traditional home equity loan borrowers of reverse mortgages do not have to repay the loan until the borrowers move out of the home. We advise against this as a way to repay debt and supplement income. If you outlive the reverse mortgage you will be stuck in the same predicament as before. Also, if your home is your only asset it is not wise to cash it out.

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Personalized Program

Every situation is unique. We’ll work with you to find a solution that resolves your debt and frees up your cash flow.

No-billing
Policy

You make one low monthly payment and will never get an unexpected bill.

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We have more than 20-years of experience providing clients with debt relief.

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We work with all creditors, whether you’re dealing with a collections firm, a national bank, credit union, or another lender.

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Request a Free Consultation

Your initial phone consultation is free and requires no committment!
A team member will respond within 1 business day.

Request a Free Consultation

Your initial phone consultation is free and requires no committment!
A team member will respond within 1 business day.

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