Work with Ryan O’Kane to unlock the value of your home through a reverse mortgage. Whether you want to eliminate monthly payments, supplement retirement income, or purchase a new home, Arbor Financial Group offers expert guidance tailored to your financial goals.
A reverse mortgage is a unique home loan that allows homeowners aged 62 or older to convert a portion of their home equity into cash—without selling their home or making monthly mortgage payments. Ryan O’Kane and Arbor Financial Group help guide clients through this option with care, making it a valuable solution for those looking to supplement retirement income.
To qualify for a reverse mortgage, you must be at least 62 years old, live in the home as your primary residence, and have sufficient home equity. Ryan O’Kane offers personalized support to determine your eligibility and help you explore how this option could enhance your financial future with confidence and clarity.
With a reverse mortgage, you receive funds based on the value of your home equity. The loan is repaid only when the home is sold, refinanced, or no longer your primary residence. Ryan walks you through each step, ensuring your reverse mortgage loan is structured to meet your long-term financial goals with complete transparency.
Yes! A reverse mortgage for purchase allows eligible homeowners to buy a new home using loan proceeds while avoiding monthly mortgage payments. This is ideal for those looking to downsize or relocate during retirement. Ryan O’Kane and Arbor Financial Group will help you understand the process and determine if this strategy fits your lifestyle and needs.
If you already have a reverse mortgage, refinancing may offer access to more equity, lower fees, or better terms. Ryan will evaluate your current loan and discuss whether a reverse mortgage refinance is a smart move for your situation. He ensures each step is handled with honesty and your best interest in mind.
A reverse mortgage offers several advantages: no monthly payments, access to tax-free cash, and the ability to remain in your home. It can be used to cover medical expenses, supplement retirement income, or provide peace of mind. With Ryan’s guidance and the backing of Arbor Financial Group, you’ll get a clear understanding of the benefits and responsibilities.
When it comes to something as important as your retirement finances, you need experience you can trust. Ryan O’Kane brings over 14 years of expertise in guiding homeowners through the reverse mortgage process with clarity and care. Backed by the trusted team at Arbor Financial Group, Ryan offers personalized solutions designed to help you access your home equity safely and effectively. Whether your goal is to eliminate monthly mortgage payments, supplement income, or purchase a new home, Ryan ensures a smooth, transparent experience from start to finish.
Eliminate your monthly mortgage payment, unlock the power of your home equity, or even purchase your next home—all with the support of Ryan O’Kane and Arbor Financial Group. Whether you’re looking to improve cash flow or refinance an existing reverse mortgage, Ryan provides expert guidance to help you make informed decisions with confidence.
A reverse mortgage is a loan available to homeowners aged 62 or older that allows you to convert a portion of your home equity into cash. Unlike traditional mortgages, no monthly mortgage payments are required. The loan is repaid when the home is sold, refinanced, or no longer your primary residence.
To qualify, borrowers must:
With a reverse mortgage, you’re no longer required to make monthly mortgage payments. Instead, your loan balance increases over time and is paid off when the home is eventually sold. This can help free up retirement income and improve your overall cash flow.
Yes, you can use a reverse mortgage for purchase to buy your next home. This allows eligible homeowners to combine a down payment with a reverse mortgage, eliminating monthly payments while moving into a more suitable residence during retirement.
Absolutely. Refinancing a reverse mortgage can allow you to access more equity, benefit from better rates, or adjust loan terms. Ryan O’Kane can help evaluate whether a reverse mortgage refinance makes sense based on your current financial goals.
Yes. Even with a reverse mortgage, you retain ownership of your home. You are still responsible for property taxes, insurance, and maintenance, and the loan is only repaid when the home is sold or vacated.
If you’re a homeowner aged 62 or older looking to eliminate your monthly mortgage payment, supplement retirement income, or tap into home equity, a reverse mortgage might be a great option. Ryan O’Kane provides personalized advice to help you explore if this loan aligns with your long-term goals.
Homeowners can receive their funds in multiple ways:
No. Reverse Mortgage borrowers are not required to make monthly payments. The loan balance is repaid when the home is sold, the homeowner moves out, or the homeowner passes away.
When the homeowner moves out permanently or passes away, the loan must be repaid. The home is usually sold to repay the balance, but heirs can choose to refinance or pay off the loan to keep the home.
No! The money received from a Reverse Mortgage is not considered taxable income and does not affect Social Security or Medicare benefits.
Homeowners must continue to pay property taxes, homeowners insurance, and maintain the home. Failure to do so may result in default and foreclosure.
Most lenders require homeowners to have at least 50% equity in their home to qualify. The exact amount depends on age, home value, and loan program.
Eligible property types include:
Reverse Mortgages may include:
Heirs can inherit the home and choose to refinance, sell, or walk away. If the home is sold, any remaining equity after repaying the loan goes to the heirs.
Yes! Borrowers can refinance a Reverse Mortgage to secure better loan terms, increase available funds, or switch to a new loan program.
If you don’t qualify, consider:
Ryan O’Kane at ARBOR Financial Group delivers personalized mortgage solutions with integrity, fast custom quotes, and competitive rates. Licensed in CA and NV.
