Reverse mortgage can be used as a smart financial tool that allows senior homeowners over 62 to convert their home equity into tax-free cash. You can take these recommended reverse mortgage lenders in HI into your consideration.
List of Banks and Credit Unions Offering Reverse Mortgages in HI
HomeStreet Bank will help senior homeowners get more financial flexibility and security through its reverse mortgage. Founded in 1921, HomeStreet Bank offers a wide range of financial services including deposit accounts and lending services. The bank has offices in Hilo, Honolulu and Pearl City, HI.
Founded in 1954, Central Pacific Bank has assets of more than $4.1 billion and offers a full range of banking and investment services. CPB has branch offices in Honolulu, Aiea, Waipahu, Kailua, Kapolei, Kaneohe, Mililani, Kahului, Pearl City, Lahaina and Kailua Kona, HI.
Opened in 1828, RBS Citizens Bank is a commercial bank with assets of more than $132, about 3,600 ATMs and 1,400 branch offices today. The bank’s reverse mortgage is available to seniors over 62 to get tax-free money.