In this video, Ann G. talks about her home and how a Reverse Mortgage from Monticello Reverse Mortgage helped her stay in her home and make some improvements.
A Reverse Mortgage can significantly improve your quality of life in retirement by eliminating debt and providing funds to keep up with the cost of retirement living.
Payment Options
There are several ways to receive the proceeds from a Reverse Mortgage to meet your financial needs, including lump sums or monthly payments to you.
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Do You Qualify?
A Reverse Mortgage is a loan provided to a senior homeowner (62 years of age or older) that uses a portion of the home's equity as collateral.
The homeowner continues to own their home, and generally, the loan does not have to be repaid until the last surviving homeowner passes away or leaves the home.
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