As a special loan, Reverse Mortgage can help seniors convert the home equity into tax-free income without requirement of any monthly payments. The money you can get will be based on current interest rates and the value of your home. Plus, there are flexible payment terms to meet different individual needs.
It is simple to qualify for the loan, if you are over 62 years and occupy the home as the primary residence. And PUDs, condominium units, town homes and other houses will be eligible too.
About Central One Federal Credit Union
Established in 1952, Central One Federal Credit Union is a non-profit, full-service financial institution serving its members with exceptional banking services.
- Website: http://www.centralfcu.com
- Tel: 800-527-1011
Back to List of Banks and Credit Unions in MA
- 714 Main Street, Shrewsbury, MA 01545, 508-842-7400
- 63 Southbridge Street, Auburn, MA 01501, 508-832-2100
- 148 Main Street, Northborough, MA 01532, 508-393-8112
- 40 South Street, Westborough, MA 01581, 508-366-5553
- 24 Fort Avenue, Salem, MA 01970, 978-740-8408
- 64 Holden Street, Shrewsbury, MA 01545, 508-852-2758
- 55 Bearfoot Road, Northborough, MA 01532, 508-890-4750
- 40 Sylvan Road, Waltham, MA 02451, 781-907-3915
- 25 Research Drive, Westborough, MA 01581, 774-512-7891