Updating Your Reverse Mortgage

Unlock more from your reverse mortgage — lower your rate, access more cash, and gain greater peace of mind*

Increase Your Cash Or Lower Your Interest Rate.*

Two Main Benefits Of Refinancing Your Reverse Mortgage

Home Appreciation & Accessing More Cash*

As your home’s value increases over time, refinancing your reverse mortgage could allow you to access more equity than you could before — giving you additional tax-free cash to support your lifestyle, healthcare, or retirement goals.

Lower Interest Rate & Preserving Equity*

By refinancing into a lower interest rate, you can slow the growth of your loan balance, helping to preserve more of your home’s equity for future needs or to pass on to your heirs.

Updating Your Reverse Mortgage

Take Advantage Of Your Home’s Appreciation.

Updating, or refinancing, a reverse mortgage can offer significant benefits for eligible homeowners. As home values rise and interest rates shift, many borrowers find that refinancing allows them to access more equity than when they first took out their reverse mortgage. This means additional tax-free cash that can be used to cover healthcare expenses, home improvements, or supplement monthly income.

Another major benefit is the opportunity to lower your interest rate*, which can reduce the overall cost of the loan over time. Refinancing can also allow you to switch from a fixed-rate loan to a more flexible line of credit, giving you greater control over how and when you use your funds.

Understand Your Options

Speak to a licensed professional regarding your options for completely free.

*This is not a commitment to lend. All loans subject to credit approval. Reverse mortgages are subject to eligibility.*