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 Enjoy Financial Freedom with a Reverse Mortgage

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What is a Reverse Mortgage?

Reverse Mortgages provide flexibility and financial security for seniors. The amount you can borrow depends on several factors, including your age, the value of your home, and current interest rates. 

A Reverse Mortgage is a unique loan product designed for homeowners aged 55 and older. This loan type is ideal for retirees looking to supplement their income, cover healthcare expenses, or fund other retirement needs.
With a Reverse Mortgage, you can receive funds as a lump sum, a line of credit, or regular monthly payments, giving you the freedom to choose how you use your equity.

 Loan Benefits

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No Monthly Payments

Enjoy financial freedom without the burden of monthly mortgage payments, allowing you to use your income for other needs.

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Flexible Disbursement Options

Choose how you receive your funds – as a lump sum, a line of credit, or monthly payments, tailored to your financial needs.

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Retain Home Ownership

Continue to live in and maintain ownership of your home while accessing its equity.

Eligibility Requirements

  • Homeowner aged 55 or older
  • Must own the home outright or have a low mortgage balance
  • Property must be your primary residence
  • Must maintain the home and keep up with property taxes and insurance
  • Completion of a HUD-approved counseling session
  • Compliance with lender-specific property criteria
Start your  Reverse Mortages  Application

Frequently asked questions

What types of properties qualify for a Reverse Mortgage?

Single-family homes, multi-family homes (up to 4 units), and approved condominiums and townhouses can qualify.

How is the amount I can borrow determined?

The loan amount is based on your age, the value of your home, and current interest rates.

Do I still own my home with a Reverse Mortgage?

Yes, you retain ownership and can live in your home as long as you meet loan requirements.

What happens if I sell my home or move?

The loan must be repaid when you sell the home, move out permanently, or pass away.

Are the funds from a Reverse Mortgage taxable?

No, the money you receive from a Reverse Mortgage is generally considered tax-free.

Not sure this is the right loan for you?

Call 888-878-7715

See what our clients say about us

We are humbled by the kind words of our clients. And we are happy that we were the ones to help turn their mortgage goals into reality.

Quick process & great rates

Truss Financial Group did a great job handling our refi process. Gathering documents was easy and fast, which led to a quick decision. Marcus kept us updated and if challenged he found ways to manage things. We got a great rate and are using them again for our investment property.

Tyrone S.

Seamless refinancing process

Needed to refinance an inherited rental property out of state. We were concerned about proving income and revenue and Marshall was incredibly helpful through every stage. He made this a seamless process and we were funded in 30 days. They made this a very low stress process.

Ed B.

Reliable investment property lender

Great service! I have several loans with Truss for my investment properties. Trust me, they will take care of you!

Lisa R.

Excellent service for self-employed

Excellent financial services for self employed individuals. Abrahim was great to work with.

Rob G.

Bank statement refinance made easy

I did a refinance using bank statements. As a self employed individual, our W2 doesn't fully reflect our take in the business. The entire process was right around 30 days and was as painless as any large transaction can be.

Reggie O.

Fast no-doc loan for unique situation

Marshall was wonderful to work with and helped me immensely. I was able to get a no doc loan fast and easy. I had a unique situation and Marshall knew exactly how to handle my file.

Christopher W.

Perfect solution for retiree financing

I am retired and do not have regular monthly income so I no longer qualify for traditional loan products. I am also tech illiterate. Delania took time to help me navigate the process in a way that best fit my needs.

Sylvia L.

HELOC closed in under 15 days

Marshall was kind, patient, polite and professional with me. We got a HELOC loan and in less than 15 days they were able to do the closing! It was a great experience!

Marislea R.

Best loan officer in 37 years of real estate

Marshall was absolutely THE BEST mortgage loan officer I've ever dealt with and I have been a Real Estate Broker for 37 years! He is knowledgeable, professional, and prompt in communication.

Shelia S.

HELOC approved when others said no

All the other lenders turned me down but Caesar was able to get me the HELOC I needed and saved me. It was fast and is already finished.

Ronny T.

Informative HELOC process

I worked with Reza & Delania & they were very informative regarding my HELOC and the process was easy!

Daniel R.

Zero conditions on approval

Working with Marshall and Betty was incredibly easy. They prequalified my loan so well that I had zero conditions on my approval, just needed insurance.

Austin H.

Quick preapproval with best options

Very professional and easy to work with. Marshall got me preapproved quickly for my purchase and was helpful in finding the best options and rates.

C. C D.

Completely straightforward process

Marshall was amazing to work with - responsive, on top of all the details and super efficient. He made the whole process completely straightforward.

Nina D.

Easy first-time home purchase

Heather made my first time home purchase an exciting and easy process. I am looking forward to using her in the future and so should you!

Brianna R.

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