Retirement just got better: tap into your home's equity with a Mann Mortgage Reverse Mortgage.
Quite possibly the most powerful & useful loan program in the world, Reverse Mortgages allow you to use your home equity as YOU see fit - while still owning it.
What are reverse mortgages?
Reverse loans, also known as reverse mortgages, are a type of loan that allows homeowners who are 62 years or older to access the equity they have built up in their homes. Unlike traditional mortgages, reverse loans pay the homeowner, and the loan balance increases over time. One of the significant benefits of reverse loans is that they provide a source of income for retirees, allowing them to supplement their retirement income without having to sell their homes or move out. Another advantage is that reverse loans do not require borrowers to make monthly payments, which can be beneficial for those on a fixed income. Ideal candidates for reverse loans are individuals who own their homes outright or have a significant amount of equity and intend to stay in their homes for the long term.
Not sure where to get started? That's okay too, we're happy to meet you where you're at and direct you to the right place or person.
Reverse Mortgages at a glance.
- Flexibility in receiving payments is one of the key features of our reverse loan. Our payment options include a lump sum payment, a line of credit, or monthly payments.
- If you have high-interest debt, such as credit card debt or medical bills, a reverse loan can help you pay it off.
- By consolidating your debt into a single loan, you can simplify your finances and reduce your monthly expenses.
- Our Helena branch serves Elliston, Avon, Marysville, and Townsend.
Applying for a home has
never been easier
Our quick and secure process takes less than 10 minutes to apply.
Learn more about
reverse mortgages
To be eligible for a reverse loan, you must be at least 62 years old and own your home outright or have a significant amount of equity in it. The home must be your primary residence, and you must continue to pay property taxes, insurance, and maintenance costs.
The amount you can borrow with a reverse loan depends on several factors, including the value of your home, your age, and the interest rate. Generally, the older you are and the more equity you have in your home, the more you can borrow.
We have been providing mortgage services for over 30 years and have earned a reputation for offering reliable and efficient mortgage services to homebuyers and homeowners. We have an A+ rating with the Better Business Bureau (BBB) which indicates that we have a good reputation for customer service and the quality of our loans.
If you are looking to achieve financial security, you have come to the right place. Contact us today and find out more about the reverse loans in Helena.
If you are looking to achieve financial security, you have come to the right place. Contact us today and find out more about the reverse loans in Helena.
“I was initially apprehensive about Reverse Mortgages, but my banker recommended that I contact Mann Mortgage to discuss. We were glad we did. Our loan officer took us through the entire process, answered my numerous questions, and assured us that this product would meet our specific needs.”
Michael S.
Let's get you home.
0% down financing for homeowners 62 years and older. Our local loan experts will help guide you.
