When goal and needs change after retirement, it can leave you wishing that you would have saved more money. If, however, you’re age 62 or older and live in your own home, there is still a way to obtain the funds you desire: the Reverse Mortgage from Action Mortgage.*
Our Reverse Mortgage lets you convert part of the equity in your home into cash without the burden of making monthly payments. Unlike a standard mortgage where you would make regular payments, Action’s Reverse Mortgage could pay you instead. It’s a great way to supplement your retirement income–especially since the loan doesn’t have to be paid back until the last surviving borrower passes away, or if the home is sold or no longer one’s primary residence. In most cases, monies received from a reverse mortgage are tax free and do not affect Social Security or Medicare benefits (consult your tax advisor).
Pay off that existing mortgage or those credit card and medical bills. Make home improvements, see the world-even help your kids and grandkids while you’re still here to enjoy them. Take advantage of the investment you’ve made in your home, and let it work for you with a Reverse Mortgage from Action.
For additional information, please contact us through our secure e-mail link or call 509-458-3723
*This information being provided is not to be construed as a loan commitment of any kind. Actual loan qualifying is subject to verification and approval of income, credit, property appraisal and other factors. Rates, fees and programs are subject to change at any time without prior notice. A detailed Good Faith Estimate will be prepared upon receipt of your application for a loan.

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