The Lowdown on Reverse Mortgage Loans...

The Lowdown on Reverse Mortgage Loans...

NAF is well-versed in reverse mortgages, this type of mortgage gives senior citizens the ability to use their home equity as a financial source in retirement.

Reverse Mortgage Basics

  • You must be 62 or older
  • The reverse mortgage must be foryour primary residence
  • You pay no monthly mortgage payments as long as you continue to pay property taxes, homeowners' insurance, and home maintenance costs.

FEATURES:

  • FHA Insured
  • Reverse for Purchase
  • Jumbo Reverse
  • Property Options
  • Improved Non-FHA Condo Products

BENEFITS:

  • Supplemental Income
  • No Monthly Mortgage Payment
  • Retain Homeownership
  • Flexible disbursement
  • Tax-Free Proceeds
  • Non-Recourse Loan

Why a Reverse mortgage?

*Using your home equity to pay off debts or make other purchases does not eliminate the debt or the cost of the purchases, but rather increases the loan amount of your mortgage to be paid according to your new mortgage terms. Borrower must pay required taxes and insurance, maintenance and other related property expenses.

Reverse Mortgage Qualifier
Reverse Mortgage Qualifier

Your Home Loan Could Be
Fully Funded 30 Days From Now

  • Fixed Rates

    Fixed Rates

  • Adjustable Rates Mortgage (ARM)

    Adjustable Rates
    Mortgage (ARM)

  • Conforming Loans

    Conforming
    Loans

  • Jumbo & Super Jumbo Loans

    Jumbo & Super
    Jumbo Loans

  • FHA, VA, & USDA Loans

    FHA, VA, & USDA
    Loans

  • Terms from 5 to 30 Years

    Terms from 5 to
    30 Years

Get Your FREE Reverse Mortgage Quote Now!

Mortgage rates change every day, and your rate will vary based on your location, finances, and other factors. Get your FREE customized rate comparison below:

I Want My FREE Reverse Mortgage Quote