Reverse Mortgages

Our mortgage application process starts with an assessment of your specific situation. We’ll work with you to customize a loan that best fits your individual circumstances. At Magnolia Bank, we understand that each person’s particular circumstances are different, and we’re dedicated to finding the right product for our customers. You may be looking to retire and want to know what your cashflow will look like. You may want to renovate your home to live out your latter years in more comfort. Or you may wish to eliminate your monthly mortgage payment so you can put the cash towards something else – like improving your cashflow, saving up for unplanned medical expenses, or taking a vacation. Whatever your needs, we can offer you a variety of loan options, including Home Equity Conversion Mortgages (HECM), Reverse mortgages, Fixed-Rate Mortgages, Adjustable-Rate Mortgages (ARM), Federal Housing Administration Loans (FHA), VA Loans, USDA Loans, Jumbo Loans, and Refinancing.