Reverse Mortgages

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—-Reverse Mortgage Key Benefits & Features—-

Eliminate monthly mortgage payments Stay in home and retain full home ownership Tax-free loan proceed Choose to receive proceed as lump sum, monthly payments or line of credit Growing line of credit Non-recourse loan No prepayment penalty

—-Reverse Mortgage Eligibility—-

Homeowner must be 62 years old or older Must have sufficient equity in the home Primary residence only Single Family Residence, 1-4 units, manufacture home, FHA approved condo

Reverse Mortgages

What is a Reverse Mortgage?

 

Advantages of a Reverse Mortgage

 

Reverse Mortgage Eligibility

 

Senior Safeguards

 

Work with a Qualified Reverse Mortgage Lender