Imagine Life Free from Monthly Payments

Turn the value of your home into cash with a reverse mortgage. If you are over 62 years old, own your home, and have equity in your home, you may be able to secure your future by withdrawing a portion of that equity and then spending it any way you choose; you do not have to pay anything until you sell or permanently move out of your home. To receive payment in short order, you can choose from three options:

  • All at once, in a single lump sum of cash
  • As a regular monthly cash advance
  • As a line of credit account that lets you decide when and how much of your available cash is paid to you
 
 
 

Security Reverse Mortgage Company

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FAQ

 
 

Through a unique partnership with Security Reverse Mortgage Company of Gig Harbor, Kitsap Bank is pleased to provide our qualifying customers the option of a reverse mortgage.  Reverse mortgages are federally backed, regulated and insured by the Federal Housing Administration. These loans provide many built-in consumer protection features that protect you and your heirs.

To explore this option and see if a reverse mortgage is the right solution for you, please contact a Security Reverse Mortgage Company Representative.