All lending products are subject to credit and property approval. This is not a commitment to make a mortgage loan. Products are not available in all states. Certain conditions and restrictions apply. Refinancing to reduce total monthly payments may lengthen repayment term or increase total interest expense compared with your current situation.
Consult your Social Security, Medicare, tax or other financial advisor to determine how reverse mortgage payments may affect your particular situation. You must also continue to occupy your home as your primary residence and keep it in good repair, with all taxes and insurance premiums up to date. Subject to the terms of your mortgage.
Berkshire Bank NMLS 506896. All rights reserved.