Senior Equity Reverse Mortgage^® You may be eligible for a reverse mortgage.

Approval for a Bank of America reverse mortgage may be easier than you think. While there are no income or credit score qualifications, there are a few specific eligibility requirements for a reverse mortgage program.

To qualify for a reverse mortgage:

• You and all other borrowers (maximum of three) must be the titleholder(s) of the property
• You and all other borrowers must be age 62 or older
• Your existing mortgage balance must be paid off at closing. You can choose to pay off the balance with funds from the reverse mortgage or another source
• Your home must be an eligible property type

What's an eligible property type?

• Single family home
• 2–4 unit multi-family home (one unit must be your primary residence)
• Condominium
• Planned unit development
• Modular home
• Manufactured home (available only with Home Equity Conversion Mortgage)

Ineligible properties include a cooperative (co-op) or mobile home.

Find out if you're eligible today by calling 1.877.245.8852.