Types of Reverse Mortgages
When it comes to reverse mortgages there are different types of loan programs that best fit your needs.
No Monthly Payments are Required*
Financial Peace of Mind
Freedom to use money in any way you want
* Just property taxes, homeowners insurance, and HOA dues if applicable
Loan Program
Home Equity Conversion Mortgage (HECM)
A Home Equity Conversion Mortgage is the only federally insured Reverse Mortgage in the U.S.
Loan Program
55+ Specialty Reverse Mortgage up to $4 Million
This is a great solution for seniors with high-value homes that have plenty of equity. It allows them to access a large portion of their home equity while still maintaining ownership.
For Higher Value Properties
Line of Credit Option Available
Available for people 55+
Get a Reverse Mortgage Starting at 55
Use the funds anyway you like
Improve cash flow as you age
LOAN PROGRAM
Reverse Mortage For Purchase
Did you know you can now use a reverse mortgage to buy a house? Contact us to learn how a reverse mortgage can help you downsize, upgrade or simply move to a home that better suits your lifestyle.
Reverse Mortgage Process
It’s Easy to Get Started!
1
Get In Touch
Give Castulo a call or schedule a free consultation.
2
Qualification & Application
Once you meet the qualifications, you can start the application process.
3
Processing & Funding
Once the application goes through processing, you’ll receive the funds.
