A reverse mortgage is a loan that converts your home’s equity into cash for borrowers who are 62 years or older. The first thing we always ask a customer is it possible to sell the house and downsize? Secondly, can your family come to give you monthly money to supplement your income? At Long Beach Reverse Mortgage we want to make sure that a reverse mortgage is a right solution for you.
With a reverse mortgage, you can:
- Upgrade Your Lifestyle
- Pay Off Bills
- Secure & Access Funds Later
- Help With Your Expense