What Is HomeForLife?
Introducing HomeForLife—our exclusive program designed to keep you in your home for life and get 100% of your funds at closing.
What You Get with HomeForLife:
No initial Mortgage Insurance Premiums (MIP) puts more money in your pocket.
Flexible financial requirements—qualify even if you’ve been denied for other programs.
Flexible age requirements (55+ vs. 62+ for other programs).
Stay in your home for life
What Is a Reverse Mortgage?
A reverse mortgage allows you to access your home equity and turn it into cash without needing to make monthly mortgage payments. You stay in your home and maintain ownership while benefiting from financial flexibility.
Read the Reverse Mortgage Guide »
Why Consider HomeForLife?
HomeForLife is an exclusive program from South River Mortgage with flexible financial requirements. Homeowners 55+ can receive 100% of their funds at closing and stay in their home for life—even if they’ve been declined for other programs.
Learn More About HomeForLife »Increase Your Disposable Income
The table below shows the average difference in monthly disposable income Before Retirement (left), During Retirement (middle), and During Retirement with HomeForLife (right). See for yourself how HomeForLife can help manage your expenses and avoid unnecessary financial stress.
| Before Retirement | During Retirement | Retirement with a Reverse Mortgage | |
|---|---|---|---|
| Income | $4,000 | $2,500 | $2,500 |
| Monthly Mortgage Payment | $2,000 | $2,000 | ------- |
| Groceries | $500 | $500 | $500 |
| Utilities | $250 | $250 | $250 |
| Gas | $100 | $100 | $100 |
| Auto Loan | $300 | $300 | $300 |
| Disposable Income | $850 | -$650 | $ 1,350 |
*As with any mortgage, you must continue to make payments for property taxes, insurance, and maintenance, as well as comply with the loan terms.
Get Started NowClaim Your Free Book!
Normally retailing at $24.95, The Retirement Solution explains the HECM, explores alternatives, and shows you how you can retire better with the HECM.
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