years or older?

A reverse mortgage can give you the cash and peace of mind that you need to live your best life yet! Contact Capitol Direct Lending today to speak to a loan advisor.

  • Tax-Free Income

    Funds received from a reverse mortgage are not considered taxable income, so you won’t owe income tax on monies received.  You must though continue to pay property taxes and homeowners insurance to prevent loan default.

  • No Monthly Payments

    Unlike a traditional mortgage, you are not required to make monthly payments on a reverse mortgage. You only need to repay the loan when you sell your home, move out, or pass away.

  • Supplement Retirement Income

    The money you receive from a reverse mortgage can be used to cover living expenses, medical bills, home repairs, travel, or any other expenses you have in retirement. This can provide a steady source of income to help you maintain your lifestyle.

  • Stay in Your Home

    With a reverse mortgage you can continue to live in your home for as long as you want while retaining ownership, and can’t be forced to move out so long as you meet the requirements, such as keeping up with property taxes and homeowners insurance.

  • Loan Repaid Upon Sale Of Home

    When you or your spouse sell your home, move out, or pass away is when your loan is typically repaid. If the loan balance exceeds the home’s value the federal insurance that comes with most reverse mortgages covers the difference.

  • Preserve Your Savings

    By using a reverse mortgage, you can tap into your home’s equity without selling it, which may allow you to preserve your other retirement savings and investments.

Key Points About A Reverse Mortgage Loan From Capitol Direct Lending

  • For 62+
  • For refinancing your current home
  • To purchase a new home
  • No loss of ownership rights
  • Never leave your home
  • No income or credit score requirement
  • Cash out with no monthly payments
  • Receive guaranteed monthly payments
  • No more mortgage payments forever
  • Government insured program