If you live in Indiana and want to work with a local reverse mortgage specialist you have come to the right place. Because we are local, we can meet with your face to face in the comfort of your own home or at one of our mortgage offices located throughout Indiana.

We specialize in the Home Equity Conversion Mortgage or HECM (HECK-UM), also known as a reverse mortgage. It is all we do. When you work with us you know that you are working with loan officers that are going to be able to answer all your questions. And not only answer your questions but structure the loan in a way that will meet your financial needs now and into the future.

What Sets Us Apart from Other Reverse Mortgage Lenders in Indiana

We are a direct lender – What that means is that originate, process, underwrite, fund and service all our loans. The last part, we service our loan, we have found is very important to our clients in Indiana. They want to know that they will be working with us for the life of their loan.

We are referral based – Unlike several other lenders, we don’t spend millions of dollars a year on advertising. Because of this we can pass those savings on to you in the form of better interest rates and lower fees.

Continuous training – Our loan officers are required to attend continuous training on the reverse mortgage loan options as well as advanced planning and utilization techniques to ensure all of our clients in the Indiana area are being served in the best way and their reverse loans are structured properly.

Making the choice to venture into a reverse mortgage in is major decision. When deciding on whether one is ideal for you, competent assistance is critical; so too is choosing a loan originator who is competent in all aspects of reverse mortgages.

We use and follow at all times an industry leading code of conduct and ethics policies. The aim of all our specialists is to design the home loan that best meets your needs and goals. They are all required to show and go over with you the conditions and terms of the mortgage. Every one of the loan originators that work for us are prohibited from steering or even recommending you look into additional products like insurance, annuities or other financial products. There’s only one way for you to be certain that you’re getting the best deal and that’s to speak with other mortgage companies. Whatever you are aware of in your head and everything you feel in your gut will lead you to the right final choice.

The ultimate way to empower yourself is through self education. You should spend as much time that is necessary doing research so when you contact one of reverse mortgage lenders in you can feel more confident about any questions you have.This will not just save you time, but may allow you to get a better deal. A great place to begin is our Top Ten Reverse Mortgage Questions.

The fact of the matter is a reverse mortgage might not be appropriate to suit your needs. For many people the reverse mortgage would be the only solution, For others, there may be all sorts of options that need to be taken into consideration. If however, a reverse mortgage could meet your requirements, we ask you to contact us. You’re able to consult with your local lender who will explain every single part of the process and help answer every question and concern you may have. To get a much better understanding of the way we approach our clients and the way we operate as a organization, read through our Ethics Policy.

What is a Reverse Mortgage?

Very simply, it is just like a regular mortgage with the exception that there are no monthly mortgage payments required. You still need to pay property taxes, insurance and maintain the home.
It is regulated by HUD and insured by FHA.

The Basics
• At least one spouse must be 62 or older.
• Your home in Indiana must be your primary residence.
• You can get a loan on a single family, multifamily up to 4 units, town home, HUD approved manufactured home and FHA approved condominiums.
• You will be required to attend counseling from a HUD approved counselor.
• You must continue to pay your property taxes, insurance and other property charges.
• The amount you can borrow is based on the youngest persons age, home value and current interest rates.
• You can access your home equity as a lump sum, line of credit, month payments for as long as you live in the home, monthly payments for a specific period of time or a combination of those options.

Have Questions About Getting a Reverse Mortgage in Indiana?

There is no doubt that you have questions about getting a reverse mortgage in Indiana. We are happy to answer every question you have about this loan product.

Questions like:
• What is the downside to a reverse mortgage?
• What are the pros and cons of a reverse mortgage?
• How much can you borrow with a reverse mortgage?
• Is the reverse mortgage a good idea?
• Does it make sense to get a reverse mortgage?
• Does my home in Indiana qualify for a reverse mortgage?
• How does a reverse mortgage work?
• Are there risks to getting a reverse mortgage?
• What happens to the reverse mortgage when I die?
• Is the reverse mortgage a good fit for me?

While there are general answers to these questions. The answers will vary from each individual person. This is why you should talk with one of our local Indiana experts so you can get a personalized answer to your unique situation.

For those who don’t reside in Fort Wayne, I also assist consumers throughout these areas: Huntertown, New Haven, Garrett, Auburn, Columbia City, Kendallville, Decatur, Huntington, Bluffton, Ligonier