Are you age 62 or older?

The Reverse Mortgage is typically a HUD (Housing and Urban Development) backed and insured loan program that is based upon the equity in your home.  You need NOT have income or good credit to qualify.  This loan does NOT have to be repaid until you either sell the home or permanently leave the residence.  Your home can NOT be taken away from you. And, any appreciation is yours to keep. It turns the equity you have built up in your house into extra cash.

With a Reverse Mortgage you get to use the cash or monthly proceeds with no restrictions on the use of the money. And the good news…..no mortgage payments…That’s right,

YOU COULD:

·         Pay off an existing mortgage

·         Cover medical expenses (Long Term Care)

·         Supplement your retirement income

·         Pay off credit card debt or taxes

·         Make home repairs

·         Travel, Vacations

·         Help pay for a grandchild’s education  

A Reverse Mortgage provides seniors with funds for financial freedom during retirement, without a monthly payment burden, as long as you live in your home.

You can choose:

1.        Lump Sum

2.        A line of credit

3.        A monthly payout

Or a combination of all 3 (three)

·         Tax FREE proceeds for as long as you live in your home

·         No loan repayment for as long as you live in your home

·         No income, credit or medical requirements

·         A tax-advantage way to pass on part of your estate today