Is it time to downsize?

We have specialty programs like reverse mortgage and condo loans. We can also help you invest in multiple properties and create a rental income for retirement.

Loans for Condos, Second Homes, or 55+ Communities

Some common retirement living options include purchasing a condo, townhome, second home, or a residence in a 55+ community. Your Intercap loan officer can help you find the right loan for your desired property.

A mortgage that covers part or all of your retirement property may be a better option than paying all cash for tax and investment reasons. Please consult your financial and tax advisors for more information.

Reverse Mortgage

A Reverse Mortgage gives you access to cash from your home equity to improve your lifestyle. You’ll continue to live in your home and retain ownership without monthly mortgage payments. The loan balance will be repaid when the last borrower or non-borrowing spouse has left the home or does not otherwise comply with the terms of the loan. Learn More about Reverse Mortgages

Sell your big home and buy three small homes

Here’s a retirement option you may not have thought of. Sell your big home and buy three smaller ones. Live in one and rent out the other two. Find the right properties and you have a nest egg that keeps on growing. Talk to your Intercap loan officer and accountant for a real estate investment plan that can turn your equity into a retirement plan.

Buying Your First Home

Mortgage Rate Buydown