Company Video

St. Louis Reverse Mortgage Lender

Myth Vs. Facts

What You Need to Know About Reverse Mortgages


  • The Bank takes your home
  • It’s only a last resort
  • It’s free money
  • My equity is safe
  • It’s not a safe program
  • My spouse and I both have to be 62 to take advantage of the HECM


  • You retain title to your Home
  • Many financially saving retirees use a HECM as a financing tool
  • It’s a specialized loan
  • Your equity is subject to the housing market
  • FHA insured HECM’s are fully guaranteed
  • FHA now allows a non-borrowing spouse under 62 to be on title and retain all rights to the property if their spouse were to pass before them