Unique Loans

A reverse mortgage is a unique loan that allows you to convert a portion of the equity in your home into tax-free* funds, giving you greater financial flexibility and security for the future. A reverse mortgage can be used to:

  • Supplement retirement income
  • Home repairs or modifications
  • Pay for medical or long-term costs
  • Delay collecting Social Security, for a larger monthly benefit
  • Establish a line of credit that you can tap into as needed
  • Purchase a new home

Depending on your qualifications and eligibility, you can receive your funds in a lump-sum distribution, a line of credit, monthly or term disbursements, or any combination of these payment options.

To learn more about how a reverse mortgage could benefit you, please contact our reverse mortgage specialist:

Kimberly Petrey

Reverse Mortgage Specialist 

NMLS #392902

855-623-6535

kpetrey@cumortgage.net

 

Must own home as primary residence in VA, MD, DC, NC, FL, WV and GA.

*Please consult your tax advisor.