Business Details
Finance of America Reverse

Petaluma, CA 94952
United States

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Reverse Mortgage

Business Description

What I Do: A Reverse Mortgage is a loan designed to help older homeowners manage their retirement more effectively by allowing them to convert a portion of their home equity into liquid assets while retaining ownership of the home. How It Works: Reverse Mortgages requires no monthly payments and they can be easier to qualify for than traditional financing. Not having to make a monthly mortgage payment can make it easier to pay for daily living or prepare for emergency expenses. Instead, repayment is deferred as long as the client resides in and maintains the property as well as pays property....See More