Who Is Eligible for a Reverse Mortgage?
To qualify for a reverse mortgage, you must:
- Be at least 62 years old (55+ available with Evoque Specialty Program – Proprietary Reverse Mortgage).
- Own your home outright or have a low mortgage balance.
- Use the property as your primary residence.
- Meet financial eligibility criteria.
Case Study:
Margaret and Bill, in their early 70s, owned a home with substantial equity but limited retirement savings. By securing a reverse mortgage, they gained access to funds that allowed them to travel and enjoy their golden years without financial stress.
It benefits you to be well-informed. Should you have any further questions or need clarification, our seasoned licensed reverse mortgage specialists are available to go over any details you like.
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