Planning for the Future
Enjoy your retirement using the equity in your home
Access to money whenever you need it.
Change the way you live your retirement with a GoKapital Reverse Mortgage
A reverse mortgage allows you to convert the equity in your home into an easily accessible line of credit. How do you qualify?
One applicant must be at least 62 or more
Your home must have sufficient equity if it currently has a mortgage
The property must be your primary residence
You must not be past due on federal debt
Simple Application Process
Initial Real Estate
with Reverse Mortgage Counselor
Appraisal and Inspection
Review and Underwriting
and Access to Financing
What is a Reverse Mortgage?
A reverse mortgage also called a Home Equity Conversion Mortgage (HECM), is a type of home equity loan for homeowners who are 62 or older. This type of loan allows homeowners to convert their house equity into cash without giving up ownership. The borrowers can choose how they want to receive the funds, in fixed monthly payments, as a lump sum, or as a line of credit.
It is called a Reverse Mortgage because the borrower does not make any monthly payments to the lender, instead, the lender makes payments to the borrower.