Reverse Mortgages
This Reverse Mortgage program is for homeowners age 62+ who have built up equity in their homes.
- Eligible properties include single-family homes, condominiums and townhouses, or a two-to-four unit dwelling
- Cash advances can be used for any purpose
- Retain title to your property
- Receive cash in monthly payments, a lump sum, a line of credit, or any combination of these
- Social Security and Medicare are not affected
Access the equity in your home for:
- Medical expenses
- Home improvement
- Payoff debt
- Traveling
- Grandchildren’s education
- To add additional income to your monthly budget
Wells Fargo Home Mortgage, division of Wells Fargo Bank, N.A., is the administrator of this reverse mortgage program.
