Cherry Creek Mortgage

Reverse Mortgages

The Truth about Reverse Mortgages

What is a Reverse Mortgage?

A Golden Opportunity

Reverse for Purchase

 

Find Out if A Reverse Mortgage is Right for You

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or call us today at: (303) 302-3920

How Reverse Mortgages Work

Your home is your greatest asset. Why not use the equity from your home to increase your cash flow?

A reverse mortgage is also known as a Home Equity Conversion Mortgage (HECM).

The program was created by the Federal Housing Administration (FHA) specifically to help homeowners, aged 62 years and older. A HECM can provide seniors the means to enjoy home ownership through retirement.

No monthly mortgage payment*

*Homeowners are responsible to keep current property taxes, homeowner’s insurance, HOA dues and home maintenance.