About Reverse Mortgages
A Reverse Mortgage May Be Just What You Need
A Reverse Mortgage is a program that allows homeowners, age 62 and older, to use their home equity while maintaining ownership, without creating a monthly debt. There are no income or credit requirements, and the money received from the Reverse Mortgage is tax-free. By letting your home pay you back, the equity you convert opens new opportunities. Best of all, you will never be forced to leave the security of your home or make a payment as long as you live in your home.
More About Reverse Mortgages
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WHAT and WHY a Reverse Mortgage?
It may not be for you, however, if you fit into one of these 3 categories, you may want to check into this financial opportunity: Monthly Obligations Exceed your Income – Immediate need! Income Equal to Monthly Obligations – How long will that last? Income Exceeds Monthly Obligations – If you have a Read More →
Purchase A Home With A Reverse Mortgage
Would you like to downsize without having a monthly mortgage payment? Have you found a home you’d like to move into but hate investing ALL your available cash into the purchase? If this sounds attractive to you, a Reverse Mortgage Purchase loan may be for you. Read More →
Free Analysis
Most reverse mortgage sites have calculators homeowners can use to see how much benefit can be gained through the Reverse Mortgage program. These online programs are often confusing and misleading. Additionally, there are several versions of the reverse mortgage program, each with pros and cons of one selection over another, depending Read More →
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