Simply put, a Reverse Mortgage is a loan for homeowners age 62+ that allows you to access a portion of the home’s equity by using the home as collateral, while you continue to own and live in your own home.
What to know about a Reverse Mortgage
No monthly mortgage payments required.
Never owe more than what the home is worth.
Payment disbursement options based on your needs.
Maintain title to your home.
Your estate retains all equity with no equity sharing – homeowners keep all future appreciation.
Funds are tax free.
No limitations on how the money can be used.
Younger spouses under 62 are protected.
You can purchase a home with a reverse mortgage.
Our QuickQuote does not require a credit check.
Online calculators can be inaccurate. We'll provide proper calculations allowing you to make an accurate informed choice.
As a licensed Colorado broker, we'll help you compare rates & costs from different banks.
Ask about our free Reverse Mortgage educational videos.
Speak with a licensed Reverse Mortgage broker from TST Financial. We are local, right here in Colorado. Complete this contact form or give us a call today at 970-222-0816.
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