Retirement just got better: tap into your home's equity with a Mann Mortgage Reverse Mortgage.
Quite possibly the most powerful & useful loan program in the world, Reverse Mortgages allow you to use your home equity as YOU see fit - while still owning it.
What are reverse mortgages?
A reverse loan, also known as a reverse mortgage, is a type of loan that enables homeowners who are 62 years of age or older to borrow against the equity in their home. Instead of making monthly payments to the lender, the lender pays the homeowner. Reverse loans can be an excellent option for seniors who need additional funds to supplement their retirement income or pay for unexpected expenses. One of the most significant benefits of reverse loans is that they can provide a source of income without requiring the borrower to sell their home or move. Reverse loans are ideal for homeowners who have significant equity in their home, plan to stay in their home for the long term, and are looking for a way to supplement their retirement income or pay for healthcare expenses.
Not sure where to get started? That's okay too, we're happy to meet you where you're at and direct you to the right place or person.
Reverse Mortgages at a glance.
- The money you receive from our reverse loan is considered loan proceeds, not income, so it is not subject to income taxes. This can help you keep more of your hard-earned money.
- If you're a senior with limited income, a reverse loan can provide you with a steady stream of income to help you pay for your living expenses or other needs.
- The money you receive from a reverse loan can be used for anything you want, whether it's to pay for healthcare, home improvements, or travel.
- Our Franklin branch serves Leipers Fork, Pasquo, Arrington, and Nolensville.
Applying for a home has
never been easier
Our quick and secure process takes less than 10 minutes to apply.
Learn more about
reverse mortgages
The amount you can borrow with a reverse loan depends on your age, the value of your home, and the interest rate. The older you are and the more valuable your home is, the more you can borrow.
The benefits of a reverse loan include accessing the equity in your home without having to sell it or make regular loan payments, the ability to use the funds for any purpose, and the option to receive the funds as a lump sum or regular payments.
We have been providing mortgage services for over 30 years and have earned a reputation for offering reliable and efficient mortgage services to homebuyers and homeowners throughout the United States.
Let us help you navigate the reverse loan application process in Franklin. Contact us today!
Let us help you navigate the reverse loan application process in Franklin. Contact us today!
“I was initially apprehensive about Reverse Mortgages, but my banker recommended that I contact Mann Mortgage to discuss. We were glad we did. Our loan officer took us through the entire process, answered my numerous questions, and assured us that this product would meet our specific needs.”
Michael S.
Let's get you home.
0% down financing for homeowners 62 years and older. Our local loan experts will help guide you.
