Great Lakes Credit Union’s reverse mortgage is a special type of home mortgage loan which allows the seniors convert a portion of the equity in the home into cash without any repayments. The seniors will not need to repay the loan as long as they still live in the home.
Anyone who are a homeowner over 62 years will be eligible for the mortgage. Plus, the borrower still own the home outright or have equity available in the home.
Founded in 1940, Great Lakes Credit Union is a local cooperative financial institution serving more than 8,000 members in OH today.
580 Craig Drive, Suite 10, Perrysburg, Ohio 43551, 419-246-5910
6600 Sylvania Avenue, Suite 6D, Sylvania, Ohio 43560, 419-246-5900