Reverse Mortgage

Supplemental Income Available Now!!

No Income Required

No Repayment as long as you live

No Credit Requirements

Federally Insured Program

This Federally Insured Reverse Mortgage program is called the “Home Equity Conversion Mortgage”, often referred to as a HECM.  With a Reverse Mortgage, you can turn the value of your home into cash without having to move or repay the loan each month.

The cash you get from a reverse mortgage can be paid to you in several ways:

All at once (in a single lump sum of cash)	As a line of credit (unused portion grows)
As a regular monthly payment	As a combination of these payment methods

The money you receive can be used any way you wish including:  · Pay off an existing mortgage (which is required if you have a current loan against your home.)  · Pay off existing bills such as credit card debt.  ·Make home repairs.

· OOr simply enjoy your golden years with financial independence.

 

What is a Reverse Mortgage?

The reverse mortgage is a safe and easy way for seniors to turn their home’s equity into an additional source of income to meet a financial need.  It is a loan that is available to senior homeowners who are at least 62 years of age.  Unlike traditional home equity loans, this product does not require repayment of any kind until the home is sold or the homeowner permanently leaves their primary residence.