Senior Equity Loans
Good news for our seniors - 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
- Must be your primary residence
- No monthly payments are required
Each situation is unique, so please contact a Real Estate Consultant for personal assistance.
- 20 year term
- 65% LTV maximum
- Minimum loan amount - $50,000 – $200,000; Inquire about higher amounts
- 4% interest rate floor
- 2% annual cap - 6% lifetime cap; not to exceed 16%
- Review period - every 6 months
- 1 point origination fee
Available on California properties only.
NMLS ID #649058. Mortgages available in Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Texas (1st Mortgage only), Utah and Washington.
For mortgages in all other states click here