HOME EQUITY CONVERSION HIGHLIGHTS
- Receive additional income, tax-free.
- Eliminate your current mortgage payments.
- No credit requirements.
- No income requirements.
- No out of pocket expense to you.
- You make no monthly payments.
- The title to your home remains in your name.
- Your Social Security and Medicare benefits are not affected.
- You are not locked in, you can move, sell or repay the mortgage balance at any time.