Reverse Mortgage Utah

Is a Reverse Mortgage Right for You?

Answer the questions below to help you decide if a reverse mortgage is the right option for you.

Consider a Reverse Mortgage If You:

• Want voluntary mortgage payments instead of mandatory ones
• Need a standby cash reserve for emergencies, expenses, or enjoyment
• Would improve your quality of life by eliminating monthly mortgage payments
• Want to prepare a fund that could replace income if needed
• Need a plan to cover life insurance or long-term care premium payments if your income is reduced
• Are interested in delaying social security payments to receive a larger amount later
• Want to get funds to renovate your home and make it more suitable to your needs
• Are interested in buying a new home without making monthly mortgage payments
• Are looking for ways to consolidate or pay down high-interest debt