Homeowners 62 and older in Independence, Lee’s Summit, Blue Springs and the rest of eastern Jackson County can use a reverse mortgage to access home equity with no required monthly mortgage payment.
Close to home in eastern Jackson County
These suburbs have many long-time homeowners who raised families here and want to stay. A reverse mortgage can pay off a remaining mortgage, pay for accessibility updates, or provide a line of credit for later years.
Steve is based in Kansas City and can meet in person anywhere in eastern Jackson County.
Areas covered
Independence, Lee’s Summit, Blue Springs, Grain Valley, Oak Grove, Raytown, Grandview, Sugar Creek, Lake Lotawana and Lone Jack.
How it works if you live in Eastern Jackson County
- Start with a call or text to see if a reverse mortgage fits
- Complete HUD-approved counseling, usually by phone
- Appraisal by a local appraiser who knows Eastern Jackson County home values
- Meet in person at your home or nearby by appointment
- Sign closing papers at home or a nearby title office
Questions from Eastern Jackson County homeowners
Can I get a reverse mortgage on a home in a retirement community in Lee’s Summit?
Often yes, if the home is a single-family home or an FHA-approved condo and you own it. Some community ownership structures do not qualify, so Steve will check.
Can I use it to pay for in-home care?
Yes. Many people use monthly payments or a line of credit to cover care so they can stay home longer.
Is there a penalty if I sell the home later?
No. You can sell anytime. The loan is paid off from the sale and you keep the remaining equity.
Talk to a real person in Kansas City
Steve Clune is a licensed loan officer for Kansas and Missouri. Call or text with your questions. If you miss him, send a text and he’ll get back to you.