What is a Reverse Mortgage? 

A reverse mortgage is specifically designed for homeowners who are 62 years of age or older, offering a way to increase cash flow without the obligation of monthly mortgage payments, though they are still responsible for property taxes, homeowners insurance, and maintenance.


Reverse mortgages can offer financial relief and greater financial flexibility to seniors by providing a stream of income or a lump sum payment while allowing them to stay in their homes. However, it’s important for potential borrowers to understand the fees and interest rates associated with reverse mortgages, as well as the impact on their estate and heirs. Consulting with a financial advisor or a reverse mortgage counselor is recommended to explore this option thoroughly and understand its implications.

Integrity Home Mortgage Corporation


122 Pilot Circle, Winchester, VA 22602

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