Does CalSTRS offer a Reverse Mortgage program?
CalSTRS offers a reverse mortgage program to qualified members and their parents through Bank of America Home Loans. Reverse mortgages have become financial solutions for many seniors 62 years and older. They allow homeowners to remain living in their homes while supplementing their retirement income. This site offers Reverse Mortgage Information Links for further information about this program. For information about reverse mortgages, product availability and the special offer Bank of America Home Loans has made available to our members, call 866-384-4457.