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Reverse Mortgage

In today’s challenging economic climate, many consumers are looking for alternative funding sources for home purchases. A Reverse Mortgage is a unique loan that enables senior homeowners to convert part of the equity in their homes into cash without having to sell the home, give up title, or take on a new monthly payment. 

Reverse Mortgages are available to individuals 62 or older who own their own home.   Reverse mortgages can be used to purchase a new residence, or to purchase a residence for children or grandchildren.  In addition, a reverse mortgage can be used to eliminate a current mortgage payment, provide you with funds for a major expense or add to your monthly income.

Brooker Financial Corp.’s experienced and knowledgeable staff will help you understand your options and assist you in selecting the right program to meet your needs.

 Brooker Financial Corp. is a member of the Brooker family of financial and insurance companies which has been serving the Northeast Ohio region for over 75 years.  We take pride in our reputation for providing the very highest level of integrity and exceptional customer service.

Ohio License No. MB.803816.000

NMLS ID# 235766

For more information, please contact Andy Morean, Vice President, Brooker Finanacial Corp. at (866) 537-2476, or email at amorean@brookerfinancial.com .

To learn more about Brooker Financial Corp., please click here.


 

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