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What is a Reverse Mortgage?

A reverse mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash. The equity that built up over years of home mortgage payments can be paid to you. But unlike a traditional home equity loan or second mortgage, no repayment is required until the borrower(s) no longer use the home as their principal residence.

For more information, please visit www.generationmortgage.com/rickcash  

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Long Term Benefitsmortgage

-Client Retains Ownership

-Limited Foreclosure Risk

-Tax Free Income

-FHA Guaranteed LOC


Reverse Mortgages are our primary product line. We are the local experts on all the available Reverse Mortgage Programs and can help your client make an informed decision on the right program and payment structure for their particular needs.

Personal Service our loan officers guide our clients and their families through the entire process. They are highly trained and can offer assistance during and after your client’s loan is approved and closed.
 
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