Supplement Retirement Income
Many retirees use reverse mortgages to gain additional income, helping cover living expenses and enjoy a more comfortable retirement.
Reverse Mortgage
Live the retirement you’ve earned!
With a Reverse Mortgage from First Fed, you can take advantage of the equity in your home. Whether you're looking to purchase a new property, relocate, or downsize, our reverse mortgage options provide you with financial flexibility. Convert some of your home equity into cash or establish a credit line to suit your needs. Explore how we can help you achieve your goals today!
What is a Reverse Mortgage?
A reverse mortgage is a financial product designed to assist homeowners aged 62 and older in accessing the equity in their homes. This unique loan allows eligible homeowners to convert a portion of their home equity into cash, which can be used for various purposes, such as supplementing retirement income, covering medical expenses, or funding home improvements.
Maintain Home Ownership
Borrowers retain title to their homes and can stay in their residences for as long as they meet the proper requirements outlined by a reverse mortgage professional.
Flexibility of Use
The funds from a reverse mortgage can be used for a wide range of financial needs, giving homeowners the flexibility to manage their finances.
Contact one of our Reverse Mortgage Specialists today!
Kim Shelley
Mortgage Loan Professional & Reverse Mortgage Specialist
NMLS #407781
Main Branch
(208) 308-8771
Email Kim
Jake Tolman
VP/Mortgage Loan Professional & Reverse Mortgage Specialist
NMLS #407777
Chinden Fox Run Branch
(208) 933-3409
Email Jake
Borrower must pay taxes and required insurance. All credit products subject to approval.
Information presented was not created or approved by HUD/FHA.