A Reverse Mortgage

A reverse mortgage is the ability to access equity within your home. At CENTUM, we can access up to 55% of your home’s value.

 

How do we do it?

• We will provide you with a free estimate to see how much equity you can access
• We will gather all your information and ask a few questions
• You can receive the money in one lump sum or in installments
• You have no monthly payments and the loan will be due when you are no longer in the home

At CENTUM, we use a CHIP Reverse Mortgage to reverse the financial equation.

 

Like many individuals, your net worth will be tied up in savings and your home when you reach retirement. With the increase in the housing market, the majority of your net worth could be derived from your home. With a CHIP Reverse Mortgage, you can access the equity in your home without giving up ownership