HOW IT WORKS

Reverse Mortgages, Explained Simply

Five clear steps. You decide how far to go at each one.

THE PROCESS

From First Question to Closing

01

Start With a Conversation

Schedule a consultation online or contact Chasewood Financial directly.

No application, no pressure. We simply talk about what prompted you to look into a reverse mortgage.

02

We Understand Your Situation

Discuss your home, mortgage, income, expenses and financial goals.

This is where the details matter — your property, any existing liens, and what you're hoping to accomplish.

03

Explore Your Options

Review the reverse mortgage options that may fit your situation.

We compare programs side by side, including costs and obligations, so you can weigh them clearly.

04

Complete Your Application

Once you understand your options and decide to proceed, complete the application.

Required counseling, appraisal, and documentation are explained before anything is submitted.

05

Move Toward Closing

Receive guidance through the remaining steps of the process.

You'll always know what's happening, what's next, and who to call with a question.

Timelines vary by homeowner and are affected by counseling availability, appraisal, title, and documentation. Completing a step does not indicate approval. All loans are subject to eligibility and program requirements.

Ready to take the first step?

The first step is only a conversation. You'll get clear answers before deciding anything.