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Reverse Mortgages

About Reverse Mortgage

About Reverse Mortgages

With a Reverse Mortgage, any homeowner 62 years of age or older that has equity in their home can gain the financial security to live life comfortably in their own home and handle unexpected expenses with ease.

How can you benefit from a Dollar Bank Reverse Mortgage? You'll be able to live financially independent with these advantages:
  • Ability to maintain home ownership and continue to live in the home
  • Pay off your current mortgage and have no monthly mortgage payments*
  • Receive the money tax-free and use it to supplement your monthly income, pay medical expenses or eliminate debt**
  • No income or credit qualification in most cases

* Payments for taxes and insurance must still be made.

** Consult your tax advisor regarding the tax implication of Reverse Mortgage options.


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OH: 1-800-820-6051

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