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What is a Reverse Mortgage?
A loan against your home that
requires no repayment for as long as
you live there.
What
are the advantages of a Reverse Mortgage?
No monthly mortgage payments are
required.
You remain independent and retain
ownership and title of your home.
The money you receive is considered Tax
Free Income (you never pay taxed
on the funds).
You can take money in a lump sum or
monthly payments to supplement your
income and/or pay bills.
You use the money for whatever reason
you wish!
How do I know if I qualify for a reverse
mortgage?
You must be 62 years of age or older.
You must own you home outright or have a
low balance
You must live in the home
Will I
still have an estate that I can leave to
my heirs?
When you sell your home, you or your
estate will repay the cash you received
from the reverse mortgage. The remaining
equity in your home will belong to your
heirs!.
How can I get more information?
Call us today! We have FHA
representatives who are available to
answer any questions and even help you
get the
Reverse Mortgage
process started.
Or
apply online
for a quick and secure quite. You can
have an answer within the hour!
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