Reverse Mortgages

Looking into getting a Reverse Mortgage? Let us help answer all your questions without any commitment!

A reverse mortgage is a great way for someone 62 years of age or older to take advantage of the equity in their home with Utah mortgages. A reverse mortgage allows you to borrow against that equity, but instead of continuing to make a payment each month, you will actually receive payment. Hence the term Reverse Mortgage. A reverse mortgage shows how owning a home is one of the most important and rewarding purchases you can make in your lifetime.

Altius Mortgage is here to help you decide if a reverse mortgage is right for you when considering Utah Mortgages. As long as you live in your home you will never be required to repay the loan. You also have the option to decide whether to receive monthly payments, a line of credit, or a lump sum.

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