Options for refinancing an existing reverse mortgage
Housing market conditions and competitive home prices may also attract existing reverse mortgage borrowers to refinance. If rates have lowered or your home value has appreciated in value, a reverse mortgage refinance may give you additional access to funds.
To qualify for a reverse mortgage or a reverse mortgage refinance, borrowers must be at least 62 years old, have qualifying equity in your home and your home must be your primary residence.
Schedule a call with one of our trusted reverse mortgage advisors for a complimentary financial outlook and discover for yourself how a reverse mortgage can help you meet your budget goals.