Unlock Your Financial Future with Reverse Mortgage
Begin your Reverse Mortgage journey with us at Prime Choice Funding, where we’ve been helping homeowners like you since 2007.
Imagine the possibilities when your home becomes a financial asset, allowing you to supplement your income, pay off debts, renovate your home, or fully enjoy your retirement. It’s time to explore the endless opportunities that come with unlocking your home’s equity.
Start your journey with Reverse Mortgage today and take the first step toward a brighter financial future.
HOW IT WORKS
Contact or Get Started Online
Our team of licensed loan officers is prepared to assist you with any inquiries you may have. Applying over the phone can be completed in as little as 10 minutes.
Secure Your Approval
Once you submit your loan application, our team will thoroughly review it, conduct a property appraisal, and complete the underwriting process to ensure your approval.
Secure Your Funds
Once all requirements have been met and we receive clearance to proceed, we will prepare the necessary loan documents. You will then sign the loan documents, and upon completion, your loan will be funded.
Why Prime Choice?
At Prime Choice Funding, our focus is on meeting the unique requirements and preferences of our customers when it comes to finding the perfect loan option. With a team of highly experienced Loan Officers and dedicated Operations professionals, we are committed to assisting homeowners in realizing their financing goals. Our mission is to deliver exceptional service and empower homeowners to achieve their financial aspirations.
Your Reverse Mortgage Journey Starts Here – Our Team is Ready to Assist!
What Our Clients Are Saying
Communication and transparency are cornerstones of how we get home loans done for you, our client. People turn to Prime Choice for a quick, hassle-free mortgage experience.
Thank you so much for helping me and my fiancé refinance my home to get a better rate and working with my loan. Thanks to Frank Ortiz for all your help and guidance. And special thanks to David Arnold for your patience and professionalism.
Scott and Angelina were helpful and kept us informed throughout the entire process. Thank you!
Markus and Adrianna were fantastic to work with. The process was smooth, hassle free and transparent. I absolutely recommend.
They provided excellent service and were efficient and timely. We closed on time with no issues.
Frequently Asked Questions
A Reverse Mortgage is a financial product designed for seniors aged 62 and older to access a portion of their home’s equity without making monthly mortgage payments. Instead, the loan is repaid when you no longer live in the home. Learn more about how it works in our guide.
To be eligible for a Reverse Mortgage, you must be at least 62 years old, own your home outright or have a significant amount of equity, and live in the home as your primary residence. Find out if you meet the eligibility criteria by speaking with one of our loan officers.
You can use the funds from a Reverse Mortgage for various purposes, including supplementing your retirement income, paying off an existing mortgage, covering medical expenses, making home improvements, or simply enhancing your overall quality of life during retirement.
Yes, you retain ownership of your home when you have a Reverse Mortgage. You remain responsible for property taxes, insurance, and home maintenance. The loan becomes due when you move out of the home or pass away, at which point it can be repaid by selling the home or through other means.
No, the funds you receive from a Reverse Mortgage are typically not considered taxable income. Consult with a tax advisor to understand the specific tax implications based on your individual circumstances.
Getting started with a Reverse Mortgage is easy. Simply complete the form on this page or give us a call, and we’ll reach out to you. We’ll discuss your financial goals, assess your eligibility, and guide you through the application process. Our objective is to ensure a smooth and transparent experience for you.
This is not a commitment to make a loan. All approvals are subject to creditworthiness, underwriting guidelines, satisfactory title and appraisal on your home. Minimum and maximum loan amounts do apply. The final decision is subject to the lender’s approval and may be based on additional information or documentation that is required during the underwriting process. Not all applicants will qualify. Prime Choice Funding, Inc. is not affiliated with or acting on behalf of or at the direction of FHA, VA or the Federal Government.