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Specialty Program

Reverse Mortgage

Turn home equity into retirement income.

Overview

Reverse mortgages let homeowners age 62+ convert part of their home equity into cash, with no monthly mortgage payments required as long as the home remains their primary residence.

Ideal For

Homeowners 62 or older looking to supplement retirement income using home equity.

Program Highlights

  • ✓Borrower(s) must be age 62 or older
  • ✓Home must be the borrower's primary residence
  • ✓No monthly mortgage payments required

Program terms and eligibility are subject to underwriting guidelines and may vary. 1st 2nd Mortgage Co. of N.J., Inc. is licensed in DE, VA. NMLS # 115981.