Reverse Mortgage

Reverse Mortgages

If you are 62 or older, you may be eligible for a Home Equity Conversion Mortgage (HCEM), or a “reverse mortgage.” Insured by the Federal Housing Administration (FHA), a reverse mortgage makes it easy to convert home equity into cash, which is especially helpful for those nearing or in retirement. The best part? No monthly mortgage payments!

Aaron Hinson and the Luna Lending team have experienced working with reverse mortgages and can assist those in the eligible age range get approved for this option. We can help you find out if you are qualified for this mortgage and help you lay out all your options to find the best fit for your home. With all of the reverse mortgage options out there, our experience and expertise can help you determine which one is right for you.

The Reverse Mortgage Process

It all starts with our reverse mortgage qualifier tool, which lets you know whether you are eligible for an HCEM and which options are available for you. Once you have these options, we will sit down with you and figure out which ones are the right fit for you based on your financial history and current situation. After going through all the rates, terms and other details, you should be in a position to confidently choose a reverse mortgage that will work best for you moving forward.

Why Choose a Reverse Mortgage?

One of the most common draws to reverse mortgages is that they are a great way to help pay off your existing mortgage. Having access to hard-earned home equity allows you to do just this, and can improve your financial situation in less time than you might think. If you have any leftover funds after the mortgage is paid off, it’s all yours to spend or invest however you see fit! Use our reverse mortgage qualifier tool today to see if you are eligible for an HCEM.

Get Your Reverse Mortgage Quote Now!