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 are a type of loan homeowners aged 62 or above can avail to convert their home equity into cash. Unlike traditional mortgages, reverse loans do not require monthly payments and are not paid back until the borrower sells the home or passes away. One of the significant benefits of reverse loans is that they can provide older homeowners with a source of tax-free income to help supplement their retirement savings or cover unexpected expenses. Ideal candidates for reverse loans are those who own their home outright or have a considerable amount of equity, intend to live in the home for the foreseeable future, and have a need for additional cash flow in retirement.
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.
- We help clients gain the financial means to purchase their dream homes.
- We offer higher-than-average loan limits to our clients so that you can have access to more of your home equity.
- If you're struggling to make ends meet in retirement or want to enjoy a more comfortable lifestyle, a reverse loan can provide a steady stream of income. This can be especially helpful if you have limited retirement savings or no pension.
- Our Henderson branch serves Jean, Pahrump, and Moapa, among other areas in the southern part of Nevada.
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 mortgage loan, you have to be at least 62 years of age or older, own your home outright or have a low mortgage balance that can be paid off with the proceeds of the reverse mortgage loan, and live in the home as your primary residence.
You can receive the money from a reverse loan in several ways, including as a lump sum, monthly payments, or as a line of credit. The method of payment will depend on the terms of the loan.
We offer a variety of loan options, including fixed-rate and adjustable-rate loans. Our flexibility allows you to customize your loan options to your unique financial situation. Do you have more questions about reverse loans in Henderson? Contact us, and our staff will gladly assist you with the loan application process.
“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.
