Good to know

Frequently asked questions

A reverse mortgage is an important decision. Here are questions homeowners often bring to a first conversation.

Do I still own my home?+

Yes. You remain the registered owner and continue to be responsible for property taxes, insurance, and upkeep.

Do I have to make monthly payments?+

Regular payments are generally not required. Interest is added to the balance, with repayment usually due when the home is sold or the last borrower moves out.

How could I receive the funds?+

Depending on the product and your situation, funds may be available as a lump sum, regular advances, or a combination.

What happens when the home is sold?+

The loan is generally repaid from the sale proceeds. Exact terms depend on the agreement and lender.

Can I repay a reverse mortgage early?+

Early repayment options and any related terms depend on the product. We will review them before you decide.

Is the first conversation really no-pressure?+

Yes. Ask questions, compare options, and decide only when you feel ready.

Still have a question?

Send a note or call us. We will explain everything at your pace.