DENVER SENIORS
Unlock Your Home Equity with a Reverse Mortgage in Denver
Learn how to secure peace of mind with guidance from Denver's trusted reverse mortgage specialist.
297+
Satisfied Clients
7+
Years of Experience
99%
Would Recommend
4.9/5
Average Review
What Can a Reverse Mortgage Do for Denver Homeowners?
A reverse mortgage is a special loan for homeowners aged 62 and older. It lets you turn part of your home's equity into cash without having to sell your house or make monthly loan payments.
In Denver, Colorado, where many seniors wish to enjoy their retirement years without financial stress, a reverse mortgage can be a valuable tool to live retirement on your terms.
It allows you to access the equity in your home, providing additional income to cover daily expenses, medical bills, etc, all while staying in the comfort of your own home.
About Reverse Mortgage Denver
Reverse Mortgage Denver was founded to help seniors. A reverse mortgage is a special loan for homeowners aged 62 and older. It lets you turn part of your home's equity into cash without having to sell your house or make monthly loan payments.
In Denver, Colorado, where many seniors wish to enjoy their retirement years without financial stress, a reverse mortgage can be a valuable tool to live retirement on your terms.
It allows you to access the equity in your home, providing additional income to cover daily expenses, medical bills, etc, all while staying in the comfort of your own home.
Benefits
Stay in Your Home
Continuing living in the home you love without giving up ownership.
No Monthly Payments
Live in your home for the rest of your life without any more mortgage payments.
Tax-Free Income
The funds you receive from a reverse mortgage aren't considered taxable income.
Flexible Payment Options
Receive your funds as lump sum, monthly payments, a line of credit or combine.
Still Leave an Inheritance
Your heirs will have 6 months to a year to decide to keep your home or sell it and receive the remaining equity.
Non-Recourse Loan
You or your heirs will never owe more than the home’s value, ensuring peace of mind.
Get Your Free Reverse Mortgage Quote Now
Find out how much you qualify for in just a few easy steps
Frequently Asked Questions About Reverse Mortgages
We understand you may have questions about reverse mortgages. Here are answers to some of the most common ones to help you feel confident and informed:
A reverse mortgage is a loan available to homeowners aged 62 and older that allows them to convert part of their home equity into cash without selling their home or making monthly mortgage payments.
Instead of making payments to the lender, the homeowner accesses their home's equity and the loan balance increases over time. The loan becomes due when the borrower sells the home, moves out permanently, or passes away.
Yes, you retain ownership of your home with a reverse mortgage. However, you’ll still need to continue meeting your normal obligations as a homeowner such as paying property taxes, and homeowners insurance.
The amount you can borrow with a reverse mortgage depends on several factors, including your age, the appraised value of your home, the amount of equity you have, and current interest rates. It's best to contact us today to find out what you qualify for.
Reverse mortgages involve various costs, such as closing costs, mortgage insurance premiums, and servicing fees. Instead of making payments to the lender, the homeowner accesses their home's equity and the loan balance increases over time.
The reverse mortgage loan becomes due and payable when you sell the home, move out permanently, or pass away.
At that point, the loan balance is due. When the homeowner passes away, the heirs will have 6 months to a year to decide if they would like to refinance the remaining balance and keep the house or if they would like to sell the house and keep any remaining equity..
Yes, heirs can retain ownership of the home after repaying the reverse mortgage loan balance. They can do this by paying off the loan using personal funds, or obtaining a new mortgage. Your heirs will have 6 months to a year to decide what they want to do with the house.
Once the loan is satisfied, the property belongs to the heirs without any reverse mortgage obligations.
No, a reverse mortgage won’t pass debt to your heirs. It's a non-recourse loan, meaning your loved ones will never owe more than the home’s value.
If they want to keep the home, they’ll need to pay off the loan—either by refinancing or using personal funds. Otherwise, they can sell the home to cover the balance, keeping any remaining equity.
Not necessarily. The amount you access depends on your age, home value, and loan structure. You typically receive a portion upfront while the rest stays in a line of credit.
Because interest accrues, your available equity may decrease over time, but home appreciation can often offset this.
Both let you access home equity, but a reverse mortgage requires no monthly payments, while a HELOC does. A HELOC works like a credit card, needing monthly repayment and strong credit to qualify. The payments required on HELOCs are often a motivating factor in people wanting to pursue a reverse mortgage.
A reverse mortgage is designed for seniors 62+, allowing them to access home equity without financial strain, with 0 repayments required for the rest of their lives.
WHO QUALIFIES FOR A REVERSE MORTGAGE?
Reverse Mortgage Eligibility
Learn how to unlock your home’s equity. Here’s what Denver homeowners need to qualify.
Minimum Reverse Mortgage Eligibility Requirements
Get Your Free Reverse Mortgage Quote Now
Find out how much you qualify for in just a few easy steps
How It Works : The Simple 5-Step Process
We make the reverse mortgage process straightforward and stress-free.
01
Find Out If You Qualify
We will review your age, home equity, and property to confirm you qualify.
02
Counseling
The Federal Government requires everyone to complete reverse mortgage counseling
03
Application
We guide you through the paperwork and approval process.
04
Appraisal
We’ll schedule an appraisal to assess your home’s market value.
05
Access Your Equity
Once approved simply choose the payout option that works best for you.
Get Your Free Reverse Mortgage Quote Now
Find out how much you qualify for in just a few easy steps
TESTIMONIAL
What people say about us
Kayla Brown is amazing and very professional. If I could give you ten stars I would. You are wonderful. Thank you.
Robert Gardner
Kayla Brown and her team were amazing throughout the entire process. There were a few bumps along the way, but they handled everything professionally.
Tabatha Houston
Kayla did a fantastic job. She is efficient and accurate in her answers to my questions. She made me feel comfortable with the process.
Rebecca Garza
Secure Your Retirement with Expert Guidance From Reverse Mortgage Denver
Discover How Reverse Mortgages Can Maximize Your Retirement Savings with Expert Advice and Free Financial Analysis