What are the pros and cons of a reverse mortgage?


  • Allows you to access the equity in your home to improve your cash flow.

  • Can help you stay in your home longer.

  • Doesn't require monthly mortgage payments.



  • The loan balance increases over time, reducing your home equity.

  • Closing costs can be high.

  • You are responsible for maintaining the home and paying property taxes and homeowners insurance.

Ready to start the mortgage process?

Get in touch with a local professional today for more information.