Credit Union Mortgage Association

10800 Main Street
Fairfax, VA 22030
(703) 425 - 1204 x158
Kimberly Petrey, NMLS #392902

If you are a homeowner* 62 years or older contact our reverse mortgage specialist to see if a reverse mortgage is right for you?

Reverse mortgages are increasingly recognized as a smart and safe way to convert the equity in your home into retirement income.

A reverse mortgage is a unique loan that allows you to convert a portion of the equity in your home into tax-free** funds, giving you greater financial flexibility and security for the future.  A reverse mortgage can be used to;

         Supplement retirement income

         Home repairs or modifications

         Pay for medical or long-term costs

         Delay collecting Social Security, for a larger monthly benefit

         Establish a line of credit that you can tap into as needed

         Purchase a new home

Depending on your qualifications and eligibility, you can receive your funds in a lump-sum distribution, a line of credit, monthly or term disbursements, or any combination of these payment options.

To learn more about how a reverse mortgage could benefit you, please contact our reverse mortgage specialist: 

Kimberly Petrey

NMLS #392902

703-425-1204 x158

800-231-8855

kpetrey@cumortgage.net

*Must own home as primary residence in VA, MD, DC.

**Please consult your tax advisor.

 

 

 

 

 

 

 

 

(F) 571-328-5031