The Kansas reverse mortgage lender loans an amount based on your age, the equity in the home, your specific Kansas county, interest rates, and the type of reverse mortgage desired.The money gets paid back with interest when the last borrower dies, permanently moves out of the house, or sells the house. The proceeds from the sale of the house can satisfy the loan obligation.

Kansas, like much of the country, has an aging population. Senior homeowners need to know about the possibilities of a reverse mortgage. A reverse mortgage has disadvantages – like anything there are pros and cons. But the facts should be known.

Kansas Senior Resources:

Kansas Department on Aging
New England Building
503 S. Kansas Ave.
Topeka, KS 66603-3404

785-296-4986

800-432-3535