A reverse mortgage is a loan that enables senior homeowners, ages 62 and older to convert part of their home equity into tax-free* income—without having to sell their home, give up title to it, or make required monthly mortgage payments. Borrowers can use the funds almost any way they choose.
* Consult your financial advisor and appropriate government agencies for any effect on taxes or government benefits.
Located in Redondo Beach, California, Reverse Mortgages of Southern California has years of expereince in loan processing, real estate and estate planning law. We use this knowledge to help you select the best financial solution for your particular situation and needs. You should understand your options and the advantages and requirements of each.