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What are the Qualifications to get a Reverse Mortgage?
1. You must be at least 62 years old
2. You must own your home
3. The house must be your primary residence.
That's it! There are other issues to consider if it will work for you, but those are the basic qualifications. There are NO income or credit qualifications and NO health requirements.
A reverse mortgage can work for someone who currently has a mortgage and also can work for someone who owns their house 'free & clear'.
Please schedule a personal (no obligation) consultation with us by calling 1-866-879-7775.
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In Birmingham, call (205) 879-7775
Or Statewide, call 1-866-879-7775
Press “ 1 “ for Reverse Mortgages
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Reverse Mortgage Benefits:
• Retain full ownership of your home
• Eliminate mortgage payments forever
• NO income or credit qualifications
• Little or no out-of-pocket expense
• No limitations on use of money
• Maintain your financial independence
• Comfort of not burdening your family
• Help pay medical costs
• Payoff debts or improve your home
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