Some seniors may have interest in home loan options of reverse mortgage. As you know, the special mortgage is very popular among older individuals for some reasons. Senior may get many benefits including a tax-free cash flow. Here are some good reverse mortgage lenders in Connecticut.
List of Banks and Credit Unions Offering Reverse Mortgages in CT
Chelsea Groton Bank brings Reverse Mortgage as a useful financial tool for homeowners over 62 to turn their home equity into funds. CGB has branch offices in Groton, Norwich, Baltic, Niantic, Mystic, New London, Pawcatuck, Salem and North Stonington, CT.
Headquartered in Putnam, Putnam Bank is a local bank offering various mortgage options with its branches in Putnam, Greenwich, Cos Cob, Gales Ferry, Hamden, Pomfret Center, Norwich, Plainfield, Riverside, Danielson, Greenwich and Cos Cob, CT.
Fairfield County Bank is reported to offer reverse mortgage before. And you are suggested to access one of its offices to find more latest information. Its site: www.fairfieldcountybank.com
Opened in 1875, Guilford Savings Bank has grown into a mutual savings bank with 7 branch offices and $500 million in assets. GSB has branches in Guilford, Madison, Madison, Branford, North Branford and Old Saybrook, CT.
Ledge Light Federal Credit Union helps senior homeowners make cash by using their home equity. LLFCU has branches in Groton, CT. Website: www.ledgelightfcu.org
Waterbury Connecticut Teachers Federal Credit Union serves in Beacon Falls, Bethany, Bethel, Bethlehem, Bridgewater, Brookfield, Danbury, Easton, Middlebury, Monroe, Naugatuck, New Fairfield, New Milford, Newtown, Oxford, Prospect, Redding, Ridgefield, Roxbury, Sherman, Southbury, Trumbull, Washington, Waterbury, Watertown, Wolcott, and Woodbury, CT. WCTFCU has partnered with BCI Financial Mortgage Corporation and is committed to bringing the best mortgage product to its qualified members.
Berkshire Bank: Hartford, Newington, Vernon Rockville, Windsor, Glastonbury, Sandy Hook, Rocky Hill, West Hartford, CT
360 Federal Credit Union: Windsor Locks, Simsbury, CT
Community Healthcare Credit Union : Rockville, Manchester, CT
Coreplus Federal Credit Union: Putnam, Norwich, Groton, Waterford, East Lyme, Plainfield, CT
Dutch Point Credit Union: Wethersfield, Berlin, Waterford, Niantic, Newington, CT
First Bristol Federal Credit Union: Bristol, CT
General Electric Employees Federal Credit Union: Milford, Bridgeport, Fairfield, New Haven, Stamford, CT
GHA Federal Credit Union: Greenwich, CT
Greenwich Municipal Employees Federal Credit Union : Greenwich, CT
Middconn Federal Credit Union: Middletown, CT
Mutual Security Credit Union: Sratford, Danbury, Norwalk, Watertown, Cheshire, CT
Naugatuck Valley Savings and Loan: Naugatuck, Beacon Falls, Cheshire, Derby, Seymour, Shelton, Southbury, Waterbury, CT
Scient Federal Credit Union: Groton, CT
Waterbury Connecticut Teacher Federal Credit Union: Middlebury, Danbury, CT
Windsor Locks Federal Credit Union: Windsor Locks, CT
The Enfield Community Federal Credit Union: Enfield, CT