Our Reverse Mortgage Products

What is a reverse mortgage?
A reverse mortgage is a loan that enables homeowners, age 62 and up, to convert part of the equity in their homes into tax-free income (check with your tax advisor) without having to sell the home or give up title. There are no monthly payments. In fact, with the reverse mortgage, the payment stream is reversed – the lender makes payments to the borrower. Qualification is based on age and home value, not income or credit, and it will not affect Social Security or Medicare benefits. When you choose World Alliance Financial as your reverse mortgage provider, you’ll benefit from the unmatched turnaround time of our in-house processing and underwriting team.
 
For additional information, please click on “Frequently Asked Questions” on the left side menu.
 
Home Equity Conversion Mortgage (HECM)
The advantage of tapping into the equity of your home!
 
The Home Equity Conversion Mortgage (HECM) is insured by the Federal Housing Administration (FHA), a branch of the U.S. Department of Housing and Urban Development (HUD). HECMs account for over 95% of all reverse mortgages in the U.S. today.
 
Equity Plus Advantage Reverse Mortgage (Jumbo)
The advantage of tapping MORE equity than ever before!
 
World Alliance Financial is proud to offer Equity Plus Advantage, a jumbo reverse mortgage option. It allows you to borrow more than traditional reverse mortgage FHA guidelines allow, and is bank insured. This next-generation of reverse mortgages enables you to use your home equity to the greatest advantage.
 
For more information or help with which reverse option would best suit your needs, speak to a World Alliance Financial Loan Advisor at 1-800-562-6755 or submit the form on the “Get Started” page of this web site.