Reverse Mortgages in Chattanooga

In 1993, Mortgage South established itself as a trailblazer by introducing the very first reverse mortgage in Tennessee. Since then, we have remained at the forefront, proudly serving as Tennessee’s leading provider of reverse mortgages also known as the HECM (home equity conversion mortgage). Our expertise extends to homeowners aged 62 and above in the Chattanooga, TN area, including Cleveland, TN and Ooltewah, TN. By harnessing the power of their home equity, we assist our clients with tapping into extra cashflow to help in covering long-term care expenses, making home improvements, or strengthening their retirement portfolios. Thanks to our commitment as a trusted reverse mortgage lender, Mortgage South has become synonymous with reliability in Tennessee. Our local team is dedicated to empowering clients to make informed decisions. This allows them to maximize the potential of their home equity and achieve their retirement goals.

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REFINANCE

  • Refinance existing mortgage
  • Consolidate debt
  • Payoff existing home equity line of credit
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PURCHASE

  • Buy a new home
  • Right size your home
  • Relocate to be close to family
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HEALTHCARE

  • Pay for healthcare deductibles
  • Pay for in home care
  • Pay for high cost prescriptions
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RETIREMENT

  • Maintain your standard of living
  • Travel with friends
  • Supplement retirement cash flow
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Ready to Improve Your Lifestyle?

Reverse Mortgages in Chattanooga

When it comes to reverse mortgages in Chattanooga, TN, Mortgage South is the premier choice. We’re renowned for being the first and most dependable. We are here to guide you towards the optimal financial decision for yourself and your loved ones. A reverse mortgage offers a way to effectively manage your retirement goals.

Unlocking the potential of your home through a reverse mortgage can significantly enhance your lifestyle. With endless possibilities at your fingertips, you can enjoy a little more breathing room in your budget, purchase a new vehicle, embark on the dream vacation you’ve always desired, or even acquire a new home. Take the first step by calling Mortgage South today and let us assist you on this transformative path.

Why Get a Reverse Mortgage?

Using the equity in your home to fund your retirement is an option that benefits many seniors. The federally insured reverse mortgage, also known as the HECM (home equity conversion mortgage), allows homeowners to use their equity to eliminate their existing monthly mortgage payment. In addition, it can add a standby line of credit option that will grow over time in order to provide for future needs.

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Ready to Improve Your Lifestyle?

How to Get There

The Mortgage South corporate office is located at 6576 E Brainerd Rd. Ste B, Chattanooga, TN 37421. Our company has been a trusted provider of reverse mortgages for more than 3,000 clients in Tennessee and North Georgia since 1993. We were also the first to introduce reverse mortgages to Tennessee, actively participating in the legislative process. We closed the very first reverse mortgage in the state.  Our team of experienced professionals is passionate about helping our clients achieve their financial goals. We’re also committed to protecting our clients from predatory lending and other scams.

We’ve been a trusted source for homeowners 62 and older seeking alternatives to the traditional mortgage. The Mortgage South team can help you find the right reverse mortgage for your unique situation. Call us for more information! A reverse mortgage may help you stay in your existing home, purchase a new one, or even move into a retirement community that will provide the lifestyle you want in your golden years.

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Ready to Improve Your Lifestyle?

Cities Served

  • Chattanooga, TN
  • East Brainerd, TN
  • Ooltewah, TN
  • Hixson, TN
  • Red Bank, TN
  • Signal Mountain, TN
  • Nashville, TN
  • Franklin, TN
  • Brentwood, TN
  • Hendersonville, TN
  • Gallatin, TN
  • La Vergne, TN
  • Smyrna, TN

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WE ARE HERE TO HELP YOU

Learn more about the reverse mortgage process. Please get in touch with us today with your questions or feedback!

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