Reverse Mortgage

A Reverse Mortgage is a special type of loan, designed for homeowners age 62 or older. This type of mortgage allows you to convert home equity into money.

Features include:

  • No income, credit or asset requirements to qualify
  • Money can be used for daily living expenses, medical bills, home improvements or monthly income
  • No payments are due on a Reverse Mortgage while you occupy the home

For additional information on this loan type call our Home & Real Estate Lending professionals at (843) 832-2614.

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Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.

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Additional coverage up to $250,000 provided by Excess Share Insurance Corporation, a licensed insurance company.

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