Explore Our Reverse Mortgage Blog
At Smartfi, we help you make informed decisions about your home equity and retirement options. Our educational articles can help you better understand reverse mortgage products and how they can improve your golden years.
SEE WHY PEOPLE TRUST US
"I really appreciate the follow up from the initial contact through every step of the process by our associate. I was able to quickly validate his authenticity from my existing mortgage lender, then the home inspection was very fair and accurate and much less stressful than I thought it would be. In the end our credit went up by about 100 points, freeing up a couple other debts and keeping the equity in our property at a perfect time to do so."
• Kirk
"Awesome experience! Great to work with. Answered all my questions!"
• Lisa
"I worked with Miles. He was great. Always answered my calls and emails so promptly. He explained the process as we went along. He is just a nice guy."
• Stasie
"Very helpful and knowledgeable."
• Travis
Get Answers to FAQs
We get questions about reverse mortgage loans all the time and thankfully, we love to answer them! We've compiled our most frequently asked questions, along with their answers, just for you.
The loan becomes due and payable when you no longer live in the home or loan obligations aren’t met. Interest and fees are added to the loan balance each month and the balance grows. For more information get our free reverse mortgage guide.
- Eliminating monthly mortgage payments*
- Allowing you to stay in your home and in possession of your home*
- Having access to tax-free2 cash
- Non-recourse loan – not having to repay more than your home's worth
- Giving you freedom to spend your cash on what you need or want
- Only pay interest on funds borrowed
- Unused HECM line of credit grows over time4
- Payments can be made throughout the life of the loan to increase equity and pay down the loan balance
2Consult a tax advisor and appropriate government agency for any affect on taxes or government benefits.
4Not available on all products.
4Not available on all products.
Find Out if a Reverse Could Work for You!
With just a few pieces of information, we can give you an idea of how a reverse mortgage could work for you.
Get Started
Ready to further explore a reverse mortgage solution? Get in touch with us today by calling (877) 607-8815 or fill out the form below!