What is a Reverse Mortgage?
The most common type of reverse mortgage are loans insured by the Federal Housing Administration (FHA), also called Home Equity Conversion Mortgages (HECM). A HECM allows you to access your home equity and turn it into cash. Borrowers often choose a reverse mortgage because it allows them to remain in their homes provided they meet the loan terms and provides funds that can greatly supplement their retirement income.
ELIMINATE MONTHLY MORTGAGE PAYMENTS
With no monthly mortgage payment, you can free up cash to cover other important things in your life.
ACCESS TO CASH
Since the proceeds are tax-free, you are able to use your cash in various ways, for example paying health care costs or financing home renovations.
About Us
Atlantic Avenue Mortgage is a leading mortgage broker specializing in reverse mortgages for homeowners aged 62+. Licensed in 26 states, including Florida, California, and Texas, we focus on helping retirees achieve financial freedom while staying in their homes. As the #1 reverse mortgage broker by volume, we pride ourselves on our customer-first approach, only recommending loans that genuinely benefit our clients. Our team of 30 expert loan officers is dedicated to providing transparent, professional, and trustworthy service to ensure peace of mind in your golden years.
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