What Is a Reverse Mortgage?

What Is a Reverse Mortgage?

Convert your home equity into monthly income in Riverhead, NY

A reverse mortgage is an option for borrowers over the age of 62. You can take equity out of your home to receive a monthly income. William Grausso, Esq. will help you understand the process of a reverse mortgage and can give you honest legal advice if you’re considering it.

A Home Equity Conversion Mortgage (HECM) is FHA-insured and usually has a lower interest rate than mortgages that are privately sponsored. Reach out to a reverse mortgage attorney today to schedule your free legal consultation in Riverhead, NY.

Save your home from foreclosure

Did you know what borrowers over the age of 62 can save their home from foreclosure by doing a reserve mortgage? You want to consider all of your options with a reverse mortgage attorney before moving forward. Get in touch with William Grausso, Esq. now to learn more. We have offices in Patchogue and Riverhead, NY.