 Seniors - Do Your Finances Need a Boost?
A
Reverse Mortgage May Be The Answer For You!!
HERE ARE THE FACTS:
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The Reverse Mortgage is a Completely Safe Government Program
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Tax-Free Income
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No Repayment Unless You Move or Die
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Retain Full Ownership of Your Home
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Use Cash for Anything You Choose
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Approved with Social Security and
Medicare
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You Must be Age 62 or Older
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No Income or Credit Requirements
Call me now to find out how much
Tax-Free Cash
you can receive with a Reverse Mortgage!
(703) 323-7767
A "Reverse Mortgage" is a
special type of mortgage that enables you, as an older homeowner, to tap the
equity you have in your home while giving you the maximum amount of flexibility
to address your particular financial needs whether it is a lump sum to pay an
unexpected hospital bill or a stream of regular payments to supplement your
monthly income. Unlike traditional home equity loans, no repayment of the
Reverse Mortgage Loan is required until you no longer occupy the home as your
principal residence. At that time the lender, with permission of the HUD
field office, will declare the mortgage due and payable.
With a reverse mortgage, you
borrow against the value of your home, and receive loan proceeds according to
the payment plan that you select. As a borrower, you are permitted to
change payment plans at any time after origination. You may change payment
plans as many times as you wish...
When you sell your home or vacate
it for other reasons, the accrued interest plus what the lender has paid you or
on your behalf through the years is due and payable, usually from the proceeds
from the sale of your home. Any proceeds in excess of the amount owed the
lender belong to you or to your estate!
Click Here for the Reverse Mortgage Frequently Asked
Questions
Click Here for a FREE Personal Reverse Mortgage Analysis
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