09/01/2026
Retirement can feel very different when a large monthly housing payment is part of the budget.
For some homeowners 62 and older, a reverse mortgage may provide a way to pay off an existing mortgage and remove that required monthly principal and interest payment.*
The question isn't simply, “Can I get a reverse mortgage?”
It's “Would changing my housing expense improve my overall retirement plan?”
That's a conversation worth having.
*Borrowers must continue to meet loan obligations, including property taxes, homeowners insurance and maintaining the home.