Households that have at least one homeowner that is 62 years of age or older and own or have low mortgage balances can take out reverse mortgage loans and convert their equity into cash as a lump sum, monthly payment or line of credit. Over 900,000 seniors have made a reverse mortgage as part of their financial plan.
To learn more about your options, contact a State Bank of Arizona Reverse Mortgage Specialist:
Harold A. Behnke - Phone (928) 302-5104
Suzanne Causley - Phone (928) 302-5156
This information is not from HUD or FHA and have not been approved by HUD or a government agency.