Reverse Mortgage

A loan available to homeowners age 62 or older. It allows homeowners to turn their home’s equity into cash. At least one of the borrowers needs to be age 62 or above.

 

  • Reverse mortgages do not need to be repaid as long as one of the borrowers lives in the house

  • Borrowing against home equity

  • Reverse mortgages usually eliminate any other ongoing mortgage payments

  • Borrowers can choose to receive a monthly payment, lump sum, or line of credit to use against the house. Or even a combination of these three.

Kristi Zimmerman

Please contact our Reverse Mortgage Specialist, Kristi Zimmerman, at 602-606-6781 or email her at KZimmerman@submort.com

AZ BK# 10123 (CA Lic. #603K986)    Suburban's NMLS ID 3089      NMLS Consumer Access     Privacy Policy     Opt-Out Form
©Suburban Mortgage, Inc. All rights reserved.