Mortgage from First Midwest can help you achieve your retirement goals and give
you the financial security you need to fully enjoy your retirement years. It's a
powerful borrowing alternative that will turn the equity in your home into cash
– with no monthly payments and a tax-free1 income stream. You
do not have to repay the loan as long as you live in your home, and there are no
monthly payments, because a First Midwest Reverse Mortgage requires no payment
from you until you sell your home or it passes to your estate.
Reverse Mortgage advantages include:
- Easy qualification.
Reverse Mortgages are easily attainable when:
- The youngest borrower is at least 62 years of age.
- The home is occupied as your primary residence.
- You attend a counseling session with an approved counseling
agency. Your family members and friends are encouraged to attend this session
Get In Touch
find out what your new income could be, contact one of our Reverse Mortgage Loan