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Unlock Your Equity

Remove your mortgage payment and access your equity.


Charles helps Utah residents aged 62+ determine if a reverse mortgage is right for them.

When it comes to your financial future, you need a trusted partner who understands your unique needs.

Charles Mimnaugh

Charles Mimnaugh

Licensed Loan Officer
NMLS# 215395

Stay in your house

Use your home to stay in your home

  • Lump Sum

  • Line of Credit

  • Monthly Payments

We will travel to you for your free in-person consultation.

Salt Lake, Davis, Utah, Tooele, Weber, and Summit County!

Let's discuss options!

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This content is for Home Equity Conversion Mortgages (HECM) and other reverse mortgage loans. Borrowers are required to pay back the loan balance plus interest and fees when the last borrower passes away, no longer uses the property as their principal residence or fails to meet loan obligations such as paying property charges.


Interest rates for HECMs may be either fixed or variable. A fixed rate loan will have an interest rate that remains the same for the life of the loan, while a variable rate loan may change periodically based on changes in an index. If you choose a variable rate loan, your monthly interest could increase or decrease during the loan term. Be sure to carefully consider the interest rate options and the potential risks and benefits before deciding on a HECM loan.


The HECM program does not require monthly borrower payments as long as the property is being used as the primary residence of the borrower of record. Borrower is responsible for homeowners insurance, property taxes, and HOA fees where applicable on the subject property.

You must be the property owner and be aged 62+.

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