Qualifications

To qualify for a Reverse Mortgage, all borrowers must be at least 62 years old, and own their home.

A person may be eligible for a reverse mortgage even if they still have a lien against the property. In fact, many seniors use the proceeds from a reverse mortgage to pay off existing liens. Although there are no income or credit requirements to qualify, there are restrictions on applicants with defaulted federal debts.

 

 

We want to be your lender for LIFE!

Standard Mortgage Corporation Headquarters are located at:
701 Poydras Street, #300 Plaza
New Orleans, Louisiana 70139
TEL: (504) 569-3900 | (866) 518-4623






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