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A Reverse Mortgage could make a difference in your financial life

Explore the benefits of a reverse mortgage and enjoy financial peace of mind

​Use our free reverse mortgage calculator to see what a reverse mortgage could do for your future — no personal information required.

A reverse mortgage isn’t for everyone, but for those who qualify, the benefits can be significant. It allows homeowners 62 and older to access their home equity while continuing to live in their home without monthly mortgage payments.

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If you still have a mortgage, a reverse mortgage will first be used to pay off the existing loan. Any remaining equity can be received in different ways:

A lump sum payment
A line of credit
Monthly installments
A combination of these options

Ready to explore your options? 

Check your elegibility with our Free Reverse Mortgage Calculator.

What Are The Benefits Of A Reverse Mortgage?

The benefits of a reverse mortgage can be life-changing for eligible homeowners. The funds are tax-free, and you retain full ownership and title of your home. For those who qualify, it can provide greater financial flexibility and peace of mind in retirement.

No Monthly Mortgage Payments

You stay in your home and free up your monthly budget.

Flexible Access to Funds

Receive money as a lump sum, monthly payments, or a line of credit.

Government-Insured Protection

FHA-insured HECM loans provide added peace of mind.

You Keep Ownership

You remain the homeowner and can sell or refinance at any time.

Download our free PDF:

Everything You Need to Know About Reverse Mortgages.

Penny Lane Reverse Mortgage Tacoma

Scroll through our guide.
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Penny Lane Financial, LLC dba Penny Lane Reverse

NMLS #1905686 WA State, NMLS #1034711 AZ State

NMLS Consumer Access - click here

EQUAL HOUSING LENDER

This communication is not an offer to lend or an advertisement for credit as defined by the Truth in Lending Act (TILA). The information provided in this email and on our website is for informational purposes only and should not be considered as financial advice.

A Reverse Mortgage is a complex financial product, and its availability and terms may vary based on your location, age, home value, and other factors. It is essential to consult with a qualified financial advisor and/or a Reverse Mortgage specialist to determine if a Reverse Mortgage is suitable for your specific financial situation.

The content of this email and our website is subject to change without notice, and Penny Lane Financial, LLC dba Penny Lane Reverse does not guarantee the accuracy, completeness, or suitability of the information provided. We recommend that you verify all information before making any financial decisions.

Borrowers should be aware that a Reverse Mortgage will accrue interest and that the loan balance may increase over time. The loan must be repaid when the last borrower no longer occupies the home as their primary residence or fails to meet other obligations of the loan.

If you decide to proceed with a Reverse Mortgage application, you will be required to complete a counseling session with an independent HUD-approved counselor. This counseling session aims to ensure that you fully understand the terms and consequences of a Reverse Mortgage.

Penny Lane Financial, LLC dba Penny Lane Reverse is not affiliated with any government agency. We are a private company offering Reverse Mortgage services. This email and our website are not endorsed or sponsored by any government agency.

By using this website or providing your contact information, you consent to receive communications from Penny Lane Reverse email or other means. We will use your information solely for the purpose of responding to your inquiries or providing you with relevant information about Reverse Mortgages.

For further information about our privacy practices, please review our Privacy Policy on our website.

Disclosures and Privacy Policy - click here

© 2023 by Penny Lane Financial, LLC DBA Penny Lane Reverse

Penny Lane Reverse

Penny Lane Financial, LLC dba Penny Lane Reverse

NMLS #1905686 WA State, NMLS #1034711 AZ State

NMLS Consumer Access - click here

EQUAL HOUSING LENDER

This communication is not an offer to lend or an advertisement for credit as defined by the Truth in Lending Act (TILA). The information provided in this email and on our website is for informational purposes only and should not be considered as financial advice.

A Reverse Mortgage is a complex financial product, and its availability and terms may vary based on your location, age, home value, and other factors. It is essential to consult with a qualified financial advisor and/or a Reverse Mortgage specialist to determine if a Reverse Mortgage is suitable for your specific financial situation.

The content of this email and our website is subject to change without notice, and Penny Lane Financial, LLC dba Penny Lane Reverse does not guarantee the accuracy, completeness, or suitability of the information provided. We recommend that you verify all information before making any financial decisions.

Borrowers should be aware that a Reverse Mortgage will accrue interest and that the loan balance may increase over time. The loan must be repaid when the last borrower no longer occupies the home as their primary residence or fails to meet other obligations of the loan.

If you decide to proceed with a Reverse Mortgage application, you will be required to complete a counseling session with an independent HUD-approved counselor. This counseling session aims to ensure that you fully understand the terms and consequences of a Reverse Mortgage.

Penny Lane Financial, LLC dba Penny Lane Reverse is not affiliated with any government agency. We are a private company offering Reverse Mortgage services. This email and our website are not endorsed or sponsored by any government agency.

By using this website or providing your contact information, you consent to receive communications from Penny Lane Reverse email or other means. We will use your information solely for the purpose of responding to your inquiries or providing you with relevant information about Reverse Mortgages.

For further information about our privacy practices, please review our Privacy Policy on our website.

Disclosures and Privacy Policy - click here

© 2024 by Penny Lane Financial, LLC DBA Penny Lane Reverse

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