Compare top reverse mortgage lenders in Delaware.

Receive multiple quotes for a reverse mortgage and win!

What is a reverse mortgage?

HECM stands for home equity conversion mortgage. Reverse mortgages allow for seniors to release a portion of the home’s equity to eliminate any existing mortgage payments. HECM’s are unique in that there are no monthly mortgage payments required – no other program has this unique feature. 

More than 600,000 seniors have taken out a reverse mortgage loan to improve their retirement, your not alone.

Compare HECM Lenders in DE for free with RMLD – Let us find you the best program.

Seniors in DE qualify for a reverse mortgage if…

• they are 62 years of age or older
• own their homes
• have equity available in the property
• can afford to pay for the home’s property taxes and insurance
• have never defaulted on governemnt insured loans

I qualify for the HECM reverse mortgage how does this program improve my retirement?

• improve your retirement qualify by having access to your equity today
• no more mortgage payments while you are living in the home
• interest rates are at all time low’s
• ability to spend the equity as you wish – no restrictions are placed on the funds
• no taxes are applied to the equity you release

“There is no other program which allows seniors to access their home’s equity without having payment in retirement.”

How Does the Reverse Mortgage Work in Delaware?

You have worked hard your entire life to build up your home’s equity, insn’t it time that your home paid you back? Well, FHA (Federal Housing Administration) insures the HECM reverse mortgage which allows you to use your home as a tool to fund your retirement.

Many seniors are still having to pay each month a mortgage payment this is seriously impacting the quality of those seniors retirement. What if you could use all the built up equity in your home to generate a new income source, this would greatly improve the quality of your retirement.

This is what the reverse mortgage program was designed for. Seniors are taking advantage of the low interest rate enviroment and the ability to qualify for a reverse mortgage loan without having income or credit scores to meet. There are no payments to be made (you are only responsible for the property taxes, insurance, and home maintanance expenses). It will cost you $0 to find our your options give us a call today.

Snapshot of Delaware

885.1 K

$130,400

72%

14%

Find Your City to Compare State and National Averages

Local Reverse Mortgage Lenders/Banks/Brokers in Delaware

B

Bear · Bellefonte · Bethany Beach · Bethel · Blades · Bridgeville

C

Camden · Camden Wyoming · Cheswold · Christiana · Clarksville · Claymont · Clayton

D

Dagsboro · Delaware City · Delmar · Dewey Beach · Dover · Dover AFB

E

Edgemoor · Ellendale · Elsmere

F

Farmington · Felton · Fenwick Island · Frankford · Frederica

G

Georgetown · Greenville · Greenwood

H

Harbeson · Harrington · Hartly · Hockessin · Houston

K

Kenton · Kirkwood

L

Laurel · Leipsic · Lewes · Lincoln · Little Creek · Long Neck

M

Magnolia · Manor · Marshallton · Marydel · Middletown · Milford · Millsboro · Millville · Milton · Montchanin

N

Nassau · New Castle · Newark · Newport

O

Ocean View · Odessa

P

Port Penn

R

Rehoboth Beach · Rockland

S

Saint Georges · Seaford · Selbyville · Smyrna · South Bethany · Stanton

T

Talleyville · Townsend

V

Viola

W

Wilmington · Winterthur · Woodside · Wyoming

Y

Yorklyn

HUD’s list of approved HECM Counselors in Delaware.
Counseling is mandatory in all states for those who wish to get a HECM loan.

Agency Name	Website Link	Telephone
National Foundation for Credit Counseling	Website	(866) 698-6322
Money Management International	Website	(877) 908-2227
Consumer Credit Counseling Svc of Atlanta	Website	(866) 616-3716
National Council on Aging	Website	(800) 510-0301
ClearPoint Financial Solutions	Website	(877) 877-1995
Springboard	Website	(800) 947-3752
HomeFree	Website	(301) 891-8423
Greenpath	Website	(888) 860-4167
Neighborhood Reinvestment Corporation	Website	(888) 990-4326

FAIRWAY INDEPENDENT MORTGAGE CORPORATION 37156 REHOBOTH AVENUE EXT UNIT REHOBOTH BEACH, DE 19971 SUSSEX County
Title II
Approval Date: Nov 24, 2008			[81 Areas Approved for Business]
HECM: Yes			Originates 203K: Yes
Telephone: (302) 239-5173			FAX Number: (302) 239-5154
E-Mail Address: [email protected]
GSF MORTGAGE CORPORATION 2 PENNS WAY STE 202 NEW CASTLE, DE 19720 NEW CASTLE County
Title II
Approval Date: May 29, 2009			[81 Areas Approved for Business]
HECM: Yes			Originates 203K: Yes
Telephone: (302) 322-7015			FAX Number: (302) 322-1132
E-Mail Address: [email protected]
PIKE CREEK MORTGAGE SERVICES INC 2100 DRUMMOND PLZ NEWARK, DE 19711 NEW CASTLE County
Title II
Approval Date: Apr 13, 2000			[81 Areas Approved for Business]
HECM: Yes			Originates 203K: No
Telephone: (302) 892-2811			FAX Number: (302) 892-2606
E-Mail Address: [email protected]
REVERSE MORTGAGE USA, INC 5 CASPIAN WAY REHOBOTH BEACH, DE 19971 SUSSEX County
Title II
Approval Date: Sep 06, 2012			[81 Areas Approved for Business]
HECM: Yes			Originates 203K: No
Telephone: (800) 748-1184			FAX Number: (512) 338-3199
E-Mail Address: [email protected]
UNIVERSAL MORTGAGE AND FINANCE INC 100 BIDDLE AVE STE 200 NEWARK, DE 19702 NEW CASTLE County
Title II
Approval Date: Sep 07, 2007			[81 Areas Approved for Business]
HECM: Yes			Originates 203K: Yes
Telephone: (302) 918-3030			FAX Number: (302) 918-3031
E-Mail Address: [email protected]
WILMINGTON SAVINGS FD SOCIETY 115 COLLEGE SQ NEWARK, DE 19711 NEW CASTLE County
Title II
Approval Date: Mar 04, 2010			[81 Areas Approved for Business]
HECM: Yes			Originates 203K: No
Telephone: (877) 990-1990			FAX Number: (302) 246-2371
E-Mail Address: [email protected]
WILMINGTON SAVINGS FD SOCIETY 115 COLLEGE SQ FL 2 NEWARK, DE 19711 NEW CASTLE County
Title II
Approval Date: May 02, 1988			[81 Areas Approved for Business]
HECM: Yes			Originates 203K: No
Telephone: (302) 792-6000			FAX Number: (302) 246-2371
E-Mail Address: [email protected]