South Carolina Care Planning CouncilSouth Carolina Care Planning Council
South Carolina Reverse Mortgage Services

Find a Council Member Providing Reverse Mortgage Services.

Use the search, map, or area links below (scroll down) to find help where you live in South Carolina.

Reverse Mortgage & HECM Services in South Carolina

Northwest South Carolina
Greenville, Spartanburg, Rock Hill, and surrounding areas

Although this area is temporarily without a member to assist you we can still help you with any concerns you may have. We can also put you in contact with various elder care services in Northwest South Carolina. Click here to Request Assistance from the South Carolina Care Planning Council.

Central South Carolina
Columbia, Aiken, Sumter, Florence, and surrounding areas

Although this area is temporarily without a member to assist you we can still help you with any concerns you may have. We can also put you in contact with various elder care services in Central South Carolina. Click here to Request Assistance from the South Carolina Care Planning Council.

Southeast South Carolina
Hilton Head, Beaufort, Charleston, Summerville, Myrtle Beach, and surrounding areas

Although this area is temporarily without a member to assist you we can still help you with any concerns you may have. We can also put you in contact with various elder care services in Southeast South Carolina. Click here to Request Assistance from the South Carolina Care Planning Council.

 

Click on the Map to Locate Services

About Reverse Mortgages

    For many seniors in South Carolina the equity in their home is their largest single asset, yet it is unavailable to use unless they use a home-equity loan. But a conventional loan really doesn't free up the equity because the money has to be paid back with interest.

    A reverse mortgage is a risk-free way of tapping into home equity without creating monthly payments and without requiring the money to be paid back during a person's lifetime. Instead of making payments the cash flow is reversed and the senior receives payments from the bank. Thus the title "reverse mortgage".

    Many seniors are finding they can use a reverse mortgage to pay off an existing conventional mortgage, to create money for a down payment for a second home or to pay off debt. Popularity is skyrocketing. Over the last five years the number of reverse mortgages nationwide has tripled. The uses of this untapped wealth are only limited by a person's imagination.

    For those seniors who are less fortunate financially but own a home, a reverse mortgage can allow them to remain in the home by creating extra income. It can also allow for remodeling or repairs and when the time comes to sell, the investment in the home can make it more valuable.

    Continue reading about reverse mortgages...