Using Your Funds

There are no restrictions on how you can use the proceeds that will come from your reverse mortgage. Here are some examples:

  • Pay off your current mortgage obligations
  • Pay for a home improvement or repair project
  • Provide supplemental retirement income
  • Pay for healthcare or medical expenses
  • Help with taxes and insurance
  • Reduce your other debt obligations
  • Purchase a second home
  • Invest for your long term needs

Branch 91087

(405) 942-2442

4200 North Perimeter Center Dr, Suite 245

Oklahoma City, Oklahoma 73112

NMLS# 2297

NetworkFundings_v02_Equal Housing Opportunity.png

Ready to get started?

Apply for a Loan

Start your Network Funding Loan Application

This application should take you approximately 15 minutes to complete, and your progress will be saved as you complete each step. Please note that your session will timeout after 15 minutes of inactivity.

Please Have The Following Information

  • Current and Previous Addresses (2 years)
  • Current and Previous Employment Information
  • Income Information For All Borrowers
  • Bank Account (and Other Asset) Balanced and Information
  • Current Monthly Housing Expenses (Mortgage Payments or Rent)
  • If You Already Own Other Property:
    • Address(es) for Each Property
    • Approximate Market Value(s)
    • Rental Income
    • Mortgage, Property Tax and Insurance Information
  • If Working With A Real Estate Agent: Their Name, Company and Contact Information

Start Application