Just what is a reverse mortgage?

A vast majority of seniors want to remain in their own homes throughout their retirement years. However, everything from rising health care costs to increasing home maintenance expenses have made it a challenge for seniors to meet their financial obligations.

To help seniors manage rising costs, the US government developed a financial product for homeowners 62 and older. It's called a Reverse Mortgage and it just might fit your needs:

FACTS:

A Reverse Mortgage unlocks built up equity in your home

There are no income or credit qualifications

There are no monthly payments

Reverse Mortgage do NOT affect Social Security OR Medicare

To learn more about a Reverse Mortgage or any other product that Meridian Mortgage offers please contact us.