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How Does This Program Work?

The new reverse mortgage purchase program presents an untapped opportunity for you.





"A one-time payment toward the purchase of your home."

With the Lifestyle Purchase Program, senior buyers make a one-time payment on the purchase of a home and our program finances the balance. There are no monthly mortgage payments required.


And the older the youngest spouse is, the less they would have to put down on the new home, which frees up even more cash for retirement.

Because income and credit requirements are limited, qualifying for this program can often be easier than qualifying for traditional financing.

How Much Can You Get?

What's Used For Loan Amount​

  • Age of the buyers

    • The older the buyer, the less they need to put down.​

  • Current interest rates

    • The lower the interest rate, the larger the loan amount

  • Purchase price or available down-payment

The Steps
  1. Buyer makes a one-time down-payment

  2. The balance is financed

  3. Repayment is not required until the home is no longer occupied by the buyers.*

Buyer Responsibilities
  1. The buyer still pays taxes, HOA and insurance.

  2. The loan is deferred as long as the buyers occupy the home.

  3. The estate can sell, refinance or payoff the balance when the buyers pass away.

Contact us today and we can provide:

  • Program guides

  • Brochures

  • Flyers

  • Yard signs

  • and more

Important Information

The information provided is accurate as of the 2-1-2023 and may change without notice. The information is being provided as a service to those individuals interested in a reverse mortgage. The information contained in this publication should not be construed as legal, tax, accounting, financial, investment, or professional retirement advice. Please consult a tax professional regarding any tax implications. This information does not constitute a commitment to lend or extend credit. Restrictions may apply to all loan programs. All loans are subject to program qualifications and lender approval. Borrowers must be at least 62 years old.

* The home must remain the primary residence of at least one borrower or a qualified non-borrowing spouse. All program requirements must be met and the home be maintained. Once your loan is in place you are still responsible for paying property taxes, homeowners insurance, HOA dues, and home maintenance costs. These materials are not from HUD (Department of Housing and Urban Development) or FHA (Federal Housing Administration). Loans are not made, originated, endorsed, or approved by the Federal Government. The FHA provides certain insurance benefits for lenders and borrowers in connection with the lender’s HECM (Home Equity Conversion Mortgage) loans.

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