Reverse Mortgages

A "reverse" mortgage is a loan against your home that you do not have to pay back for as long as you live there. With a reverse mortgage, you can turn the value of your home into cash without having to move or to repay the loan each month. The cash you get from a reverse mortgage can be paid to you in several ways:

  • all at once, in a single lump sum of cash;
  • as a regular monthly cash advance;
  • as a "credit line" account that lets you decide when and how much of your available cash is paid to you; or
  • as a combination of these payment method.

No matter how this loan is paid out to you, you typically don't have to pay anything back until you die, sell your home, or permanently move out of your home. To be eligible for most reverse mortgages, you must own your home and be 62 years of age or older.

The following links will provide a wealth of information on this topic:

AARP: Reverse Mortgages - AARP is a nonprofit membership organization dedicated to addressing the needs and interests of persons 50 and older.

Reverse Mortgage Calculator 

Reverse Mortgages for Seniors - Top Ten Things to Know if You're Interested in a Reverse Mortgage. Information provided by HUD (US Department of Housing and Urban Development).

Newest Sahuarita, AZ Properties

property image

$308,000

612 W Camino Tunera, Sahuarita

Entrada Bonita Lot 252

  • Beds3
  • Baths2
  • Courtesy ofTierra Antigua Realty

property image

$269,900

14394 S Camino El Galan, Sahuarita

Love where you live in this beautiful Rancho Sahuarita corner lot home. The chef's kitchen boasts granite countertops, huge island, pantry, stainless steel appliances and...

  • Beds4
  • Baths3
  • Courtesy ofRealty One Group

property image

$230,000

468 W Calle Paso Suave, Sahuarita

Start packing. This spacious 4 bedroom 2.5 bath home in popular Rancho Sahuarita boasts a great room, large pantry, separate living/dining room, a loft, large master bedr...

  • Beds4
  • Baths3
  • Courtesy ofColdwell Banker Realty

property image

$208,000

254 E Placita Nubes De Agua, Sahuarita

Beautiful home in gated community in highly desired Rancho Sahuarita.

  • Beds4
  • Baths2
  • Courtesy ofOmni Homes International

property image

$315,000

15246 S Camino Del Velero, Sahuarita

Model perfect, Rancho Sahuarita lakeside home in gated community! Enjoy the view of the lake from the covered patio, lovely yard, or the large picture windows in the mast...

  • Beds4
  • Baths3
  • Courtesy ofLong Realty Company

property image

$220,000

14979 S Avenida Cucana, Sahuarita

MOUNTAIN AND PECAN ORCHARD VIEWS WITH NO REAR NEIGHBORS in Master Planned Community of Rancho Sahuarita!!!This two story home features four bedrooms, two and a half baths...

  • Beds4
  • Baths3
  • Courtesy ofLong Realty Company

property image

$248,500

55 W Calle Gota, Sahuarita

Gorgeous 2237 sqft home in Rancho Sahuarita with no direct neighbor behind! With 3 Bedrooms, Loft, 2 1/2 bathrooms and 2 Car garage this two-story house offers tons of sp...

  • Beds3
  • Baths3
  • Courtesy ofRealty Executives Arizona Territory

property image

$235,000

168 W Calle Patio Lindo, Sahuarita

Come home to spacious living in desirable Rancho Sahuarita where community comes first. This 4 bedroom 2 bath home has newer paint inside & out with updated flooring & a ...

  • Beds4
  • Baths2
  • Courtesy ofColdwell Banker Realty

property image

$195,000

656 W Paseo Celestial, Sahuarita

Easy care and ready to move into! 3 bedroom, 2-1/2 bath home in the great Rancho Sahuarita community with lake, pool, spa, fitness center,basketball court, tennis, walkin...

  • Beds2
  • Baths3
  • Courtesy ofRealty Executives Arizona Territory

property image

$249,900

968 E Empire Canyon, Sahuarita

Your new home has it all. Your Meritage Home features 3 bedrooms, 2.5 baths, a loft, and large kitchen space with an entertainer's island. Your home's designer details a...

  • Beds3
  • Baths3
  • Courtesy ofLong Realty Company

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than our office are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.