Get Your Information Guide on Reverse Mortgages

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Get Your Information Guide on Reverse Mortgages

Click Here For Free Guide

How A Retirement Mortgage Can Work For You!

A Reverse Mortgage loan is a safe and respected financial solution. It is a resource for improving lifestyles and adding flexibility to retirement plans.

You have several options on how to receive your money. You can have it as a lump sum of Cash, establish a Line of Credit or even have fixed monthly payments deposited into your bank account. It is flexible… you may even elect a combination of all three options.


Safety and Security are the cornerstones for your retirement. Utilizing the equity in your home can help you keep your independence and give you comfort. 

Reverse Mortgage benefits
top reverse home mortgage lending solutions

Cash Now

Getting money immediately will allow you to do whatever you like with your proceeds. Pay off debt, renovate your home or take a vacation… it’s your choice.

Eliminate Your Mortgage Payments

Your reverse mortgage eliminates your mortgage payment and allows that money to stay in your wallet. Increased cash flow is a powerful tool for a comfortable retirement.

Line of Credit

Establish a Line of Credit, a financial safety net, that can be used when life’s surprises arise. Security and safety for your future leads to a promising retirement.

Stay In Your Home

Most everyone wants to stay in their home forever and not run out of money. The reverse mortgage is the foundation for this dream, allowing you the luxury of retiring on your terms.

Frequently Asked Questions

  • How do I receive my proceeds through a Reverse Mortgage?

    You can receive proceeds through a Reverse Mortgage a couple of ways. You can get a lump sum payment, save the money in a credit line with future growth or choose a monthly distribution for life. The choice is yours!

  • If I get a Reverse Mortgage, does the Government or bank take my home?

    No, your home is yours to keep! A Reverse Mortgage is an FHA insured loan secured by the equity in your home.

  • Do I have to pay taxes on any Reverse Mortgage money?

    Since a Reverse Mortgage is a loan, the loan proceeds are tax-free and are not considered income. As always, consult with your tax advisor.

  • Will a Reverse Mortgage loan affect my Social Security or Medicare?

    Reverse Mortgage loans do not normally affect your eligibility for traditional Social Security or Medicare. Please consult your financial advisor if you get supplemental Social Security benefits or state-funded medical benefits beyond Medicare coverage.

  • Do my spouse and I both have to be 55 to qualify for a Reverse Mortgage In California?

    Reverse Mortgage loans in California are now available to borrowers with spouses younger than 55. This new rule change allows the younger spouse to stay in the home without the threat of satisfying the loan if their older spouse passes away. The younger spouse must comply with all of the normal Reverse Mortgage terms.

How The Process Works

1. Education

Talk to Green Monarch to discuss your specific needs. Learn about the benefits, options and costs related to obtaining a Reverse Mortgage.

2. Counseling

Our government requires all Reverse Mortgage applicants to undergo HUD approved counseling. This counseling is performed by an unbiased third-party agency and will only take about 30 minutes.

3. Application

After you have completed counseling, we will set up a time to meet to go over your loan application and to help you obtain some of the required documentation.

4. Funding

This is the completion of the Reverse Mortgage and you will receive your money in the fashion you choose.

55

Age to Qualify

If you have sufficient equity in your home and you’re at least 55, you’re eligible.

100%

Tax-Free Money

It’s yours to spend on whatever you want. Be sure to consult your tax advisor.

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Level Of Stress

Keep your home for life! Pay taxes and insurance and enjoy life in your home.

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Monthly Payments

The end of your monthly payment. Deposit cash in your account instead.