Reverse Mortgage – Banks and Credit Unions in Connecticut

Chelsea Groton BankSome 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:

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:

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 BankHartford, 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 UnionPutnam, Norwich, Groton, Waterford, East Lyme, Plainfield, CT

Dutch Point Credit UnionWethersfield, Berlin, Waterford, Niantic, Newington, CT

First Bristol Federal Credit UnionBristol, CT

General Electric Employees Federal Credit UnionMilford, Bridgeport, Fairfield, New Haven, Stamford, CT

GHA Federal Credit UnionGreenwich, CT

Greenwich Municipal Employees Federal Credit Union : Greenwich, CT

Middconn Federal Credit UnionMiddletown, 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 UnionGroton, CT

Waterbury Connecticut Teacher Federal Credit UnionMiddlebury,  Danbury,  CT

Windsor Locks Federal Credit Union: Windsor Locks, CT

The Enfield Community Federal Credit Union:  Enfield, CT

Other Lenders

Urban Financial Group, Inc.

Network Funding

Net Equity Financial, Inc

iReverse Home Loans

First World Mortgage Corporation

Merrimack Mortgage Company, Inc.

All Island Mortgage and Funding, Corp.

Homestead Funding Corp.

EverBank Reverse Mortgage

BCI Financial Mortgage Corporation

American Advisors Group (AAG)

Advisors Mortgage Group, LLC

One Reverse Mortgage

Security 1 Lending

First World Mortgage Corporation

Guaranteed Home Mortgage Company, Inc

Cambridge Senior Capital 

Mortgages, Inc.

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