Standard Lenders is a reputable financial institution based in New York, NY, specializing in providing honest and reliable solutions for individuals looking to secure their future through reverse mortgages. With a team of trained agents and government licensed counselors, they guide clients through a simple five-step process, ensuring they make informed decisions that best suit their needs. Offering a range of products, including new reverse mortgage loans, jumbo reverse mortgages, and reverse mortgages for home purchase, Standard Lenders aims to help seniors access the equity in their homes without the need for monthly mortgage payments.
With a focus on maintaining title and ownership of the home, Standard Lenders allows borrowers to receive tax-free cash in one lump sum or through monthly payments, providing financial flexibility to supplement their retirement. Additionally, their products offer the option to use funds as needed, whether for bills, debt repayment, or even a vacation. With a commitment to preserving equity through a growing line of credit, Standard Lenders ensures peace of mind by being federally insured by the U.S. Government. Borrowers are responsible for property taxes, homeowner's insurance, and home maintenance costs, and the company offers various distribution options for reverse mortgage funds, including cash lump sums, lines of credit, or monthly payments.
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