South Carolina Reverse Mortgage Lenders

South Carolina is home to a plethora of retirement communities featuring beautiful beaches and golf courses. Areas such as Charleston, Myrtle Beach, Summerville, Beaufort, Conway, Hilton Head Island, Bluffton, Columbia, Rock Hill, Greenville, Mount Pleasant are all sought after communities for retirees. The housing market is quite steady in the area, creating house rich seniors.

Reverse mortgage loans can be a useful strategy for those who have trouble with cashflow to help make things a little easier.

Anyone considering a HECM reverse mortgage is required to be at least 62 or older and must have equity in their home to tap into.