There are several ways to receive the proceeds from a Reverse Mortgage to meet your financial needs. You can combine any of these options:*
A lump sum of cash at closing.
Line of Credit
Draw any amount of cash at any time until the line of credit is exhausted.
Equal monthly payments to you for a fixed number of years.
Equal monthly payments to you for as long as the homeowner lives in the home.
*Some limitations may apply, contact us to learn more about your particular options.