Anchor Funding, Inc.
Welcome to Anchor Funding Inc.
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We specialize in providing reverse mortgage solutions tailored to your needs. With our expertise and personalized approach, we help seniors unlock the value of their homes and enjoy a comfortable retirement. As your trusted reverse mortgage lender our team of local experienced professionals is dedicated to guiding you through the entire process, ensuring a smooth and stress-free experience. Discover the benefits of a reverse mortgage today and secure your financial future.
A Reverse Mortgage is a financial product that allows homeowners to access cash by converting their home equity. Unlike traditional mortgages, there are no monthly payments required. This can be valuable option for seniors seeking additional income in retirement. However, it's important to conduct a thorough analysis of the pros and cons of a reverse mortgage before making a decision.
Reverse Mortgage Eligibility
​ If you are 62+ years of age, and live in your own home, you may qualify for a reverse mortgage that allows you to remain in your home while eliminating mortgage payments - FOREVER!
Do you want to find out if a reverse mortgage is right for you please call for a free consultation 251-349-9891
Advantages of Reverse Mortgage
Stay in your home
No monthly mortgage payments
Supplement Retirement Income
Flexibility in accessing funds
No repayment until you leave the home
Reasons why seniors choose to obtain a reverse mortgage
Repairing or modifying the home to meet the physical needs of getting older
Supplementing retirement income to meet expenses
Managing the costs of in-home care
Paying increased bills due to inflation and economy​ ​
*Please consult with your financial or accounting professional for all questions about your tax liabilities. Mortgage Interest and Primary Mortgage Insurance are added to your mortgage balance and accrue daily. Homeowner is responsible and must stay current with property taxes homeowners insurance and maintain their home compliant with the terms of their reverse mortgage. This material is not from HUD or FHA and has not been approved by HUD or any government agency. Reverse mortgages are neither "endorsed" nor "approved" by the Federal Government. Anchor Funding, Inc. NMLS#236419, State of Alabama State Banking Dept License #23213.