If you are 62 or older and own your own home, you may be wondering how best to use that valuable asset in retirement.
A Reverse Mortgage is a special type of mortgage that allows you to convert home equity into cash — without having to sell your property, move out, or make your monthly mortgage payment.
Use your home equity for any purpose.
Reverse Mortgage Benefits
A government-insured Reverse Mortgage is safe and effective:
- You remain the owner of the your home.
- You live in your home as long as you wish.
- No monthly mortgage payments to make.
- Use the funds for anything you choose.
Your Reverse Mortgage Experts
You’re invited to consult personally with a trusted, local Reverse Mortgage expert at Westport Mortgage. Locally owned and operated, we’ve been been providing home financing in Fairfield County for 20 years with caring and professional service.
We’ll personally sit down with you and help you understand all of the advantages of a Reverse Mortgage. The conversation can include family members, advisors or others you feel may be helpful. That way, you’re totally comfortable deciding if a Reverse Mortgage is right for you.
To get started, you can download the official Reverse Mortgage consumer booklet approved by the U.S. Department of Housing & Urban Development, entitled Use Your Home to Stay at Home It’s a a publication from the National Council on Aging that clearly explains Reverse Mortgages, including the strong consumer protections provided by law.
Free Consultation
At Westport Mortgage, no up-front expenses are ever paid when you obtain a Reverse Mortgage. Our free, no-obligation consultation could be your first step toward achieving your financial goals.
To set up your Reverse Mortgage consultation, call us at 203-221-8242.
