Noah vs. Reverse Mortgages
Owning a home is a smart investment, and you should be able to enjoy it. That’s why, unlike other products, Noah doesn’t burden homeowners with limiting requirements.
No monthly payments
Beyond credit score
A better way to access your home equity
Here’s a comparison of home equity sharing with Noah compared to a standard reverse mortgage product.
Available to homeowners of all ages
Available to seniors age 62 and older
No fixed duration, based on the life expectancy of the homeowner
Use of funds
No restrictions on use of funds
Restrictions of use of funds, in some cases
Low costs and transparent fees
No restrictions on type of home or property standards
The home must meet FHA minimum property standards
Payment is linked to the change in value of the home
Principal amount increases each month based on interest rate
What does Noah offer?
What is a reverse mortgage?
How much does a reverse mortgage cost?
What fees does Noah charge?
What amount is due to Noah at the end of the term?
I already have a reverse mortgage. Do I qualify for home equity sharing with Noah?