Reverse Mortgage

A reverse mortgage is a loan made to a homeowner who is at least 62 years-old and wishes to convert the equity in their home to cash.

Unlike a home equity loan, the homeowner does not make monthly payments to the lender. In fact, with a reverse mortgage, monthly payments are made by the lender to the homeowner. A reverse mortgage isn’t repayable until the borrower no longer occupies the home as their primary residence.

Benefits of a Reverse Mortgage

  • Convert the equity of your home into cash
  • Receive a stable monthly income
  • Receive a lump sum or stream of payments

Contact a mortgage specialist for more details, 801-786-8400.

Call or Click Now - Experienced Mortgage Professionals Standing By

Email icon

Email us

mortgagecc@gwcu.org

SMS icon

Send us a text

385-206-6780

By sending a text message, you consent to receive a text message response from Goldenwest. Your provider's message and data rates may apply.

Phone icon

Call us directly

801-786-8400

Chat icon

Chat with us online

(Chat unavailable)