Independence Lending LLC

Federated Mortgage Corp., operating as Federated Reverse Mortgage, is a dedicated lender specializing in Home Equity Conversion Mortgages (HECM) for seniors. Based in Pittsburgh, the company prides itself on being 'reverse mortgage educators,' aiming to demystify these complex products for borrowers and their families. With over 30 years of mortgage experience, their team, led by Craig Schweiger, emphasizes trust and advocacy throughout the entire loan process.

The lender primarily focuses on helping homeowners aged 62 and older access their home equity without requiring monthly mortgage payments. They highlight the safety and legitimacy of reverse mortgages as a government-backed product. Federated Reverse Mortgage offers various options for receiving funds, including lump sums, lines of credit, or monthly payments, catering to diverse financial needs for retirement, debt consolidation, or home improvements.

Committed to transparent and comprehensive guidance, Federated Mortgage Corp. assists clients in understanding eligibility requirements, financial assessments, and payment structures. They are equipped to handle fixed and adjustable-rate HECM products for single-family homes and FHA-approved condos, even advising on proprietary reverse mortgages for higher-valued properties. Their service is designed to empower seniors to make informed decisions and enhance their financial well-being in their golden years.