A reverse mortgage is a loan against your home that you do not have to pay back for as long as you live there! generally borrowers must be at least 62 years of age to qualify and must occupy the home as a principal residence.

The amount of the loan and cash out you can get also depends on the specific reverse mortgage plan or program you select. YES, you can get CASH out for ANY reason and make NO payments.

To learn more contact a Blue Moon Financial Group specialist today!