This program is designed for older homeowners who wish to supplement their retirement income while remaining in their home.

• No monthly mortgage payments required

• Funds can be used for any purpose

• Remain the owner of your home

• Flexible payout options (lump sum, monthly payments, or line of credit)

• Borrower must be at least 62 years old

• Home must be the borrower’s primary residence

• Sufficient equity in the home is necessary

• Counseling session required before application