Retire Peacefully with a Reverse Mortgage – Learn How

Retirement is an exciting time, let our Mortgage Experts help ensure you have the funds to enjoy it! You’ve worked hard to plan and prepare for your retirement. But even all of these efforts in today’s economy may no longer be enough to ensure your savings will last.

As a member of USU Credit Union, you have access to many affordable financing options. If you own your home and plan to stay there long-term, we would like to draw your attention to one, in particular.

A Home Equity Conversion Mortgage (HECM) loan, or a Reverse Mortgage, allows you to convert a portion of your home equity into cash.

If you qualify, it will pay off your current mortgage, leaving you with no mandatory mortgage payments, and you will be able to use the remainder of your loan proceeds for other priorities, like paying off high-interest credit cards and medical bills or tackling that long overdue home improvement. Repayment of your mortgage is due when you leave your home or fail to comply with loan terms. Over the life of your loan, you are responsible for paying your property taxes, homeowners' insurance, and home maintenance costs.

Please join us for an educational seminar on to learn more about how to use the value in your home to increase your monthly cash flow.