We’re sorry, Bank of America is no longer accepting new reverse mortgage applications.
Existing customers are not affected by this change.
If you currently have a reverse mortgage with Bank of America
We will continue the same dedicated service you have experienced in the past.
Please contact us if you have any questions: 1.866.863.5224
We also offer other programs that may help you reach your goals:
Refinance your existing mortgage to lower your monthly payments1 or to access a portion of available equity in your property.
These products borrow against a portion of the available home equity. With a home equity loan, loan funds can be distributed in a lump sum. Or, with a home equity line of credit, funds (up to the line amount) can be drawn upon as needed within a specific draw period.
1Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and/or the total amount paid when compared to your current situation.