Retire Better with a Reverse Mortgage
We did one of the FIRST Reverse Mortgages and are one of the top Reverse Mortgage Lenders in the Southwest!
About Reverse Mortgage
What is a Reverse Mortgage?
Did you know that Sun American Mortgage does more reverse mortgages than any other company in the Southwest!? A reverse mortgage is a type of home loan for older homeowners (62 years or older) that requires no monthly mortgage payments. This is an FHA insured loan. A reverse mortgage loan allows those who are at least 62 years of age, or older, to pay off a forward mortgage loan or use the equity in their home for other purposes. In general terms, a borrower needs at least 40 to 57% (depending on age) in equity to be able to purchase or refinance with a reverse mortgage loan.
*Loan terms and limits subject to change. This page is for educational purposes only and is not a commitment to lend.
We're your local experts with some of the lowest costs. If you’re thinking about applying for a reverse mortgage to position yourself for a better financial future, we are here to help you!
Discover your retirement possibilities with a reverse mortgage
No loan repayment required as long as you live in your home
You can retain full ownership of your home and title.
You and your heirs are protected in case the housing market declines
The Reverse Mortgage is a Possibility!
Getting a reverse mortgage has never been so easy. We take pride in providing the easiest process so you can kick back and relax.