Reverse Equity Mortgage

Reverse Equity Mortgages

Criteria

- Must be 62 years old or older (all owners)
- Must get counseling prior to loan approval
- Must live in the home
- Home does not necessarily have to be free and clear (it may have other liens)

Reverse Equity Mortgage Counseling

You will meet one-on-one with a counselor to discuss criteria to qualify for the program. The counselor will review approximately how much you may borrow from the program. You will discuss the different means of attaining the money, costs attached to the program, and the process to follow. A counselor can also assist with finding other options available.

You should know what the mortgage balance is on the home and any other liens attached to the property. You must qualify for enough funds through a reverse mortgage loan to pay off any existing loan balance, liens, etc.

How to Make an Appointment

To schedule an appointment, contact RTG Consultants. RTG is a HUD approved reverse mortgage equity lender affliate. We can also be reached toll free at 1-888-973-8377 with any questions.