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Reverse Mortgage in New York & Long Island

Happy seniors learning how Reverse Mortgage work

With a Reverse Mortgage you proceed to own your home with the lender making payments to you. Whether you're in Long Island, Brooklyn, Queens, Staten Island, Bronx or Manhattan NY and if you are a senior and would like to find out more about how a Reverse Mortgage work and can provide the cash flow you prefer to provide for your retirement lifestyle, we would be pleased to talk to you and explain how this program works.

The applicants must be at least 62 years old to apply for Reverse Mortgage and get cash from the equity in their homes.

There's absolutely no obligation. Fill out the form on the right side to get started today and get rid of your monthly mortgage payment and keep your house!

What is a Reverse Mortgage?

In the mid 1980’s it was apparent that many senior citizens had not prepared adequately for retirement or had been adversely affected financially by circumstances beyond their control. Many found themselves in positions of being equity rich and cash poor and had a great degree of difficulty in making ends meet. Credit card debt and even equity lines of credit were used just to fund their month to month budgets. Ultimately, many used their life savings and had to sell their homes living on the remaining equity payout which was eventually exhausted. Ultimately, seniors then began to look for Government Assistance programs.

The U.S. Congress in conjunction with the American Association for Retired People (AARP), created a program that would serve seniors who found themselves equity rich and cash poor and in need of help. The product was originally named Reverse Annuity Mortgage (RAM) and pushed through the U.S. Congress in 1987. Later the product became known as a Home Equity Conversion Mortgage (HECM) and is commonly referred to today as a Reverse Mortgage. The Federal Housing Administration (FHA) governmentally insures the program and the Department for Housing and Urban Administration administers the program.

How a Reverse Mortgage Works?

Since income is secured by the house, poor credit is OK. No matter how bad the credit score is it does not impact qualifying for this program.

By law you keep your house as long as:


How Much Cash Can You Get?
You choose what works for you from a variety of options:


Your Home Is Still Inheritable
Leave your house to whomever you wish. Children, grandchildren – it’s your choice. The title to your home remains in your name. More and more senior homeowners have discovered that this program is a smart financial move.

Now Is The Time

See the world, or visit family and friends. Do what ever you want with the money…no questions asked! You never lose control of your home. Living independently in your home without financial worry as you get older is not just a dream. You can do it – and more - with a little help from us.

Give us a call.
We can offer expert guidance on reverse mortgage across New York that will match with your personal financial situation whether you're in Long Island, Queens or Brooklyn, NY. We are here to make every step easy. You can secure an income or get cash for whatever you need in just a matter of weeks from your application date.

Life and Freedom
Did you know that the U.S. Congress has approved a program that pays off the mortgage on your house, pays you to live in your home for the rest of your life, and it remains yours?

Tax Free
You can use the income for anything you choose, such as living expenses, travel, paying off debts, buying a new car, home remodeling, medical care, assisted care or prescription drugs. Anything - It's Tax-Free!

A Safe Plan
This program is guaranteed and insured by the Federal Housing Administration (FHA) and directed by the Department of Housing and Urban Development (HUD).

A Better Life
Get paid to live in your home. Live the retirement lifestyle you’ve dreamed about. Get rid of those nagging financial worries and gain peace of mind. Keep the title to your home knowing it’s yours for the rest of your life.

Get Your Quote Today!

See how this program could affect your cash flow.

Talk to an Expert

Please Call to Speak With an Mortgage Specialist Today!

(800) 499-0141

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Accreditation & Awards

  • A+ Rating with Beter Business Bureau (BBB)
  • Over 19 years of experience
  • Voted The Best Mortgage Company on Long Island
  • New York Association of Mortgage Brokers NYAMB
  • National Association of Mortgage Brokers NAMB

Get Started

When you're ready to live the retirement you’ve dreamed about, we offer three easy ways to learn more and get approved:

  1. Submit quote request.
  2. Visit an Artisan branch.
  3. Call 1.800.499.0141

Reverse Mortgage Pros and Cons

We can help you understand what you can personally expect to receive with a reverse mortgage whether you're in Westchester, Suffolk or Nassau County, NY. Using only a calculator to determine your benefits does not tell you everything you may be entitled to. The truth is that there are several different things that can happen:

Your Mortgage will be paid off


There are several ingredients that determine your personal situation: