Good news for seniors. With our Senior Equity Access program, you can use the equity in your home to supplement your income. Use the funds for day-to-day living expenses, home repairs, or emergency cash.
- 20 year term
- 65% LTV maximum
- Primary residence only
- Minimum loan amount - $50,000; Maximum loan amount $200,000
- No monthly payments required
- 4% interest rate floor
- 2% annual cap - 6% lifetime cap; not to exceed 16%
- Review period - every 6 months
- 1 point origination fee
As each situation is unique, please contact a Real Estate Loan Consultant for personal assistance at (800) 231-1626.