New American Mortgage
575 Lynnhaven Parkway, Suite 101
Virginia Beach, VA 23452
Phone: 757-227-3306

Imagine having financial peace of mind during your retirement years. A reverse mortgage may be just the answer to increase your monthly cash flow while allowing you to remain in your home.

A Reverse Mortgage is a unique financial tool that allows seniors 62-years of age or older to access the equity in their home without adding to their monthly expenses or ever having to make another mortgage payment. This program empowers seniors with the ability to turn the equity in their homes into tax-free income, while still retaining full ownership of their home. There are no income, credit, or medical requirements, making it easy for seniors to relieve financial pressure and find comfort in their "Golden Years".

New developments in the Reverse Mortgage industry allow seniors to:

  • Purchase a home using a Reverse Mortgage
  • Refinance to access more of the equity in their home with lower closing cost.