A reverse mortgage works like a traditional loan. Forte Financial can lend you money by converting your home equity into cash income. This type of loan is often used to provide lines of credit to seniors. Adults over 62 years old can set up a senior line of credit so they don't have to worry about running low on funds. There's no interest you need to pay, and the line of credit works like a credit card.
Call now to learn more about the senior lines of credit we offer throughout New Milford, Danbury and Fairfield, CT.
Reverse mortgage loans are usually a good idea for older homeowners. They don't need to be paid back until the borrower dies, moves out permanently or sells the house. This can be highly beneficial for anyone who might not be eligible for traditional lines of credit.
Get started on your reverse mortgage loan today in New Milford, Danbury or Fairfield, CT.