Why? Because no matter what your needs may be, a reverse mortgage could be the solution.
First, what is a reverse mortgage?
A reverse mortgage is an FHA insured loan that allows eligible homeowners to "draw" from the equity either in a lump sum or on a monthly basis.
A Reverse Mortgage or Home Equity Conversion Mortgage (HECM) can be used to purchase or refinance a home.
- You still own and live in your house
- Eliminate monthly mortgage payments
- Won't affect your social security benefits
- The funds received from a refinance can be used for any purpose
Ready to learn more or get started with a reverse mortgage?
I hope you found this quick look into Reverse Mortgages useful.
If you have any questions on this topic or any other mortgage-related topic, by all means reach out to me.
Click on the button above OR
Send me an email OR
Give me a call - 619-992-4061
Text LOANINFO to 44222
Connect with me on Social Media.
Please hit the like button if you enjoyed the Article.
Share it with your friends.
And of course, don't forget to subscribe.
This information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend. This is not an ad from HUD, VA, or FHA and was not reviewed or approved by any government agencies