Could you use extra cash to consolidate debts or to supplement your monthly income?
Do you have equity in your home?
Would you like to not have to make mortgage payments in the future?
If the answer is yes and you are 62 or older, then our reverse mortgage loan programs may be for you! We are a reverse mortgage lender with a variety of reverse mortgage loan products in New York, New Jersey, Connecticut and Florida.
What is a reverse mortgage? A reverse mortgage is a special type of home loan that lets a homeowner convert the equity in his or her home into cash. The equity built up over years of home mortgage payments can be paid to the homeowner in a number of ways: in a lump sum, in a stream of payments, or as a supplement to Social Security or other retirement funds. But unlike a traditional home equity loan or second mortgage, with a reverse mortgage repayment is not required until the borrowers no longer use the home as their principal residence.
Use of Funds The funds from a reverse mortgage can be used for anything. Common uses include supplementing retirement income to cover daily living expenses; repairing or modifying your home (i.e., widening halls or installing a ramp); covering health care expenses; paying off existing debts; taking a vacation; paying property taxes; and preventing foreclosure. You may be eligible for a reverse mortgage even if you still owe money on an existing mortgage.
Payment Options You can choose to receive the money from a reverse mortgage as a lump sum, fixed monthly payments (for up to life), as a line of credit, or a combination of these. The most popular option – chosen by more than 60 percent of borrowers – is the line of credit, which allows you to draw on the loan proceeds at any time.
What are some of the benefits of a reverse mortgage?
Strengthen your personal and financial independence.
Help pay for health care or other needs.
You can never lose your home in foreclosure as long as you maintain the property tax and insurance payments and comply with loan terms.
Keep your Medicare or Social Security benefits.
Use it as a credit line and draw upon it as needed.
Get all your cash right away.
Get the best of both—get cash now and have a balance in reserve to use as a credit line.
The homeowner does not need to be working and is not qualified based on income.
To learn more about our reverse mortgage products or to see how much you can qualify for, please contact a reverse mortgage advisor today. Our advisors are available 7 days a week to assist you. This material is not from HUD or FHA and has not been approved by HUD or a government agency.
Kindly provide your date of birth so our mortgage brokers can verify your identity when they contact
you. Thank you for your cooperation.
By providing your SSN, our brokers will know
you're sincere about obtaining a loan. You will get better rates & terms, and your credit will never be
Select Property Type
What Is The Property Use
How Is Your Credit?
Have You Already Found A Home
Estimated Purchase Price
You Expect To Buy Within?
Tell Us About Your Needs
Tell Us About Your Needs
Tell Us About Yourself
Tell Us About Yourself
Alpine Mortgage Accessibility Statement
Alpine Mortgage strives to ensure that its services are accessible to people with disabilities. Alpine Mortgage has invested a significant amount of resources to help ensure that its website is made easier to use and more accessible for people with disabilities, with the strong belief that every person has the right to live with dignity, equality, comfort and independence.
Accessibility on Alpine Mortgage website
Alpine Mortgage makes available the UserWay Website Accessibility Widget that is powered by a dedicated accessibility server. The software allows www.alpinebanker.com to improve its compliance with the Web Content Accessibility Guidelines (WCAG 2.1).
Enabling the Accessibility Menu
Alpine Mortgage accessibility menu can be enabled by clicking the accessibility menu icon that appears on the corner on the page. After triggering the accessibility menu, please wait a moment for the accessibility menu to load in its entirety.
Alpine Mortgage continues its efforts to constantly improve the accessibility of its site and services in the belief that it is our collective moral obligation to allow seamless, accessible and unhindered use also for those of us with disabilities.
Despite our efforts to make all pages and content on Alpine Mortgage website fully accessible, some content may not have yet been fully adapted to the strictest accessibility standards. This may be a result of not having found or identified the most appropriate technological solution.
Here For You
If you are experiencing difficulty with any content on Alpine Mortgage website or require assistance with any part of our site, please contact us during normal business hours as detailed below and we will be happy to assist.
If you wish to report an accessibility issue, have any questions or need assistance, please contact us by sending an email to: email@example.com