Reverse Mortgages of Coastway Credit Union

A Reverse Mortgage is a unique, federally insured loan, which allows people 62 and older to convert a portion of their home.. equity into tax-free cash.Your lender has 20 days to return any money you..e paid up until that point for financing.CHCU offers several options for members looking to purchase or refinance and receive cash out. Reverse Mortgages are a valuable financial tool for seniors, 62 and older. Continue reading Reverse Mortgages of Coastway Credit Union