The Independence Mortgage makes it easy to convert your home’s equity into tax-free dollars.† Commonly referred to as a reverse mortgage, this is the one mortgage that actually pays you.
Increase your available cash. The Independence Mortgage lets you receive your money monthly, in one lump sum, or whenever you like. And you can use the money however you like.
Pay off your existing mortgage. If you still owe money on a first or second mortgage, a portion of the money you receive from the Independence Mortgage will simply be used to pay it off.
Make no payments. The Independence Mortgage does not have to be paid back until you move out of your home. So you don’t have to worry about monthly mortgage payments.*
Keep your home. The Independence Mortgage is safe and secure. You do not have to sell or give up title to your home, and you can remain there as long as you like.*
Retain your social security. Because the loan proceeds you receive are not considered income, they will not reduce your Social Security or Medicare benefits.*
