Yadkin Reverse Mortgage

At Yadkin Mortgage, our team includes experts who specialize in reverse mortgage lending.These products were created exclusively for homeowners age 62 A reverse mortgage is a loan that lets you receive cash based on the accumulated wealth in your hom...

At Yadkin Mortgage, our team includes experts who specialize in reverse mortgage lending.These products were created exclusively for homeowners age 62 A reverse mortgage is a loan that lets you receive cash based on the accumulated wealth in your home. It is so named because instead of making payments to a lender, the lender makes payments to you. Those choosing a reverse mortgage often use the funds to delay drawing on Social Security, to pay for healthcare or cover normal living expenses; however, the money can be used for home repairs, travel or anything you wish. The amount you can receive depends on your age (in some cases the age of your spouse), the value of your home, interest rate and upfront costs. The older you are, the more you may receive.