Reverse Mortgages - Northstar Financial Services, Inc

A "reverse mortgage" is a loan based on the equity you have in your home, that you do not have to pay back for as long as you live there. It's a special type of loan that many older clients, who own their homes, use to convert the equity they've built over a lifetime to finance their retirement years. It's called a reverse mortgage because it works opposite to a standard mortgage - instead of you making payments to the bank, the bank makes payments to you. You can also receive the funds as a lump sum, or as a credit line that you can draw from as you like.

Call us for details and to find out if you qualify.