Reverse Mortgage Lending in Connecticut

Posted on July 30, 2015 · Posted in Connecticut Reverse Mortgage

Northeast Financial is your Connecticut resource for Reverse Mortgages.  We help you every step of the way and offer a turn-key solution for getting your loan closed


Basic Guidelines For A Reverse Mortgage:

  1. 62 years of age or older
  2. Primary Residence
  3. 1-4 family properties
  4. Must go through a Counseling Session (we help set up for you)
  5. Can live in home as long as you want with no repayment of any money
  6. If property depreciates and you owe more then house is worth you do not need to pay the balance


There are four ways of receiving money from a reverse mortgage:

  1. Lump sum
  2. Monthly payments
  3. Line of credit
  4. Combination of any of the two above


Please call me and  we can set up a time for a free consultation (our office, your home, or a local coffee shop).




Michael Meyer
Senior Vice President of Northeast Financial
210 S. Main St Middletown, CT 06457