Reverse Mortgages2017-09-14T20:38:46+00:00

Reverse Mortgages

If you are a homeowner 62 years or older contact our reverse mortgage specialist, Kimberly Petrey at 800.231.8855 to see if a reverse mortgage is right for you!

A reverse mortgage is a unique loan that allows you to convert a portion of the equity in your home into tax-free* funds, giving you greater financial flexibility and security for the future.

  • Supplement retirement income
  • Make home repairs or modifications
  • Pay for medical or long-term costs
  • Delay collecting Social Security, for a larger monthly benefit
  • Establish a line of credit that you can tap into as needed
  • Purchase a new home

Depending on your qualifications and eligibility, you can receive your funds in a lump-sum distribution, a line of credit, monthly or term disbursements, or any combination of these payment options.

Reverse mortgages are increasingly recognized as a smart and safe way to convert the equity in your home into retirement income.

To learn more about how a reverse mortgage could benefit you, please contact our reverse mortgage specialist:

Kimberly Petrey
NMLS #392902
703.425.1204, ext. 158

*Please consult your tax advisor.

CUMA logo