A Reverse Mortgage is a special type of loan that allows a homeowner to convert a portion of the equity in his/her home to eliminate debt and even gain tax-free income without losing the title to the home.
Veterans, Active duty personnel, Certain reservists and National Guard members, Surviving spouses of persons who die on active duty or die as a result of service-connected disabilities.
For investment property and those that have great credit and want to put more down on a purchase of a primary residence.
Purchase for only 3.5% down and Refinance with no appraisal on streamlines and most of your closing costs and fees can be included in the loan.
Help homeownerʼs refinance into a better, more stable mortgage regardless of how far the value of their home has fallen below what they owe.
USDA Rural Development
USDA 100% Guaranteed Home Loan is a Government insured home loan designed to meet the needs of those living in small communities and rural areas as well as many outlying metropolitan areas.