Join us at our next monthly reverse mortgage informational seminar titled, What is a Reverse Mortgage? (Note: you must RSVP)
Click here to RSVP and we'll make sure you're on the list and are informed of the date and time.
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- Must be 62 and older
- Primary residence only
- Home must meet FHA standards
- Insurance and taxes paid separately
- You retain title and ownership
- Leftover equity goes to heirs
- No income or credit required
- No monthly payment
Loan Amount Based On:
- Age (youngest borrower)
- Interest rate
- Appraised value or $625,500 (whichever is less)
Potential Benefits:
- Increase monthly cash flow
- Eliminate mortgage payment(s)
- Pay off debt
- Visit family and friends
| Mortgage News Headlines (courtesy CNN)
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