Our company was founded in 2019 to help older Americans facing uncertainty in retirement. Since then our company has expanded rapidly due to our devoted employees who work as a team to provide the best customer service to our borrowers.
At South River Mortgage we put our customers first. We are a trustworthy broker who will help our senior citizens find the best reverse mortgage plan to benefit their unique situation. Unlike a lender, we will compare different options that best fit our borrower’s needs. It is our goal is to give seniors the peace of mind they deserve in their retirement.
Why worry about financial burdens in your retirement when you can qualify for a reverse mortgage? A reverse mortgage will convert your equity in your home to cash and unlock your financial freedom. If you are 62 and older and are planning to remain in your forever home then a reverse mortgage is right for you.
A reverse mortgage is a loan that allows senior citizens to retain full ownership without having to pay any monthly mortgage payments. They just have to be mindful that they still have to pay property taxes and homeowners insurance.
South River Mortgage offers reverse mortgages to elderly people that want to be financially stable for the rest of their lives within the comfort of their own homes. It is our goal to make sure that each individual understands this process. We pride ourselves in educating our clients and providing a top-tier customer experience throughout the entire loan.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154