Are
You Age 62+ and own a Home? If so, have you ever considered using a Reverse Mortgage?
There are NO Mortgage Payments with a Federally-Insured Reverse Mortgage, HECM
(Home Equity Conversion Mortgage).A
Reverse Mortgage is a national program which allows the homeowner access to their
equity in the form of cash, monthly income to the homeowner, or a combination
of both with the homeowner never making another loan payment for life. The
money the homeowner receives is usually tax-free and does not affect Social Security
benefits or Medicare (check with your financial advisor for your circumstances).
There
are very minimal credit requirements and no income requirements to qualify, borrowers
can even be in foreclosure and still obtain a reverse mortgage.
Use
our Reverse Mortgage Calculator by clicking here. Use
Money for: - Generation
a lifetime income
- Paying
off existing mortgages/debt
- Helping
family in a tough time
- Offset
retirement losses
This is a privilege only for homeowners who are age 62 or older. Our
Government guarantee's - You
may safely access a portion of your home's equity
- You
own your home - not the bank
- You
never make a payment as long as you live in the home
-
You will never owe more than your home is worth.
New
higher limit! Effective
February 17, 2009, US Government raised the reverse mortgage limit to $625,500
for the rest of 2009 and 2010. This means borrowes of Reverse Mortgages can get
more money than before. If you find that with the current economic circumstances
you must do something to protect your way of life, this may be the perfect time
for you to consider the federally-insured reverse mortgage (HECM = Home Equity
Conversion Mortagge). We
offer our service to multiple states:
In addition to California, we can
offer Reverse Mortgages for the following states: Utah, Florida, Hawaii, and Idao.
And we're adding the following states soon: Washington, Texas, Arizona, and Virgin
Islands. | 
