Whatever your retirement goals, there are home equity solutions to help you reach them. The right product for you will depend on your location, home value, and specific needs, so it’s important to reach out to an experienced mortgage loan originator who can assist you to better understand the available options.
Get lower upfront fees or maximum proceeds.
A flexible home equity solution for those looking for more rate options, the maximum lender credit, or loan amounts up to $4M.
A line of credit that’s ready when you are.
Access your home equity whenever you need it with a line of credit that can grow over time and loan amounts up to $4M.
Give your budget a second to breathe.
HomeSafe Second is a second loan that complements your existing mortgage, unlocking a piece of your stored equity without the burden of a new monthly payment or the need to refinance.
Improve retirement with an FHA loan.
The traditional Home Equity Conversion Mortgage (HECM) for borrowers 62+ that’s insured by the Federal Housing Administration (FHA).
**All assistance is provided in compliance with FHA program guidelines. Integrity Home Mortgage Corporation is not affiliated with or acting on behalf of or at the direction of FHA or the Federal government.
A reduced monthly mortgage payment that disappears.
EquityAvail® is a new hybrid loan that lowers monthly mortgage payments, then eliminates them altogether after 10 years* to improve cash flow and ease the transition into retirement.
*Important information about this loan product. The borrower is required to make non-amortizing payments for the first 10 years of the loan term. These payments will not cover the full amount of the interest accruing and interest will be added to the principal balance of the loan. When payment period ends, interest and fees continue to be added to the loan balance over time. Borrower is required to pay taxes and insurance. This loan will reduce the borrower’s equity in the home which may make it more difficult to refinance the loan or to obtain cash upon a sale of the home. By refinancing an existing loan, the borrower’s total finance charges may be higher over the life of the loan.
IMPORTANT TO KNOW
The following are typical reverse mortgage requirements:
- Must meet all loan obligations, including using the property as your primary residence
- Must pay property charges including property taxes, fees, and hazard insurance
- Must maintain the home
Currently available to eligible homeowners who are 62+ depending on state. The HomeSafe® reverse mortgage products and EquityAvail® are a proprietary product of Finance of America Reverse and is not affiliated with the Home Equity Conversion Mortgage (HECM) program. HomeSafe® products and EquityAvail® may not be available in your state please talk to your mortgage loan originator.
**All assistance is provided in compliance with FHA program guidelines. Integrity Home Mortgage Corporation is not affiliated with or acting on behalf of or at the direction of FHA or the Federal government. All applicants are subject to underwriting guidelines and approval.
122 Pilot Circle, Winchester, VA 22602