Go Forward With A Reverse

If you are at least 62 years old or older our reverse mortgage programs allow home owners to borrow against the equity in their homes without repaying the debt for as long as you live there. That's the reverse part of this type of loan. Instead of making payments you can opt to receive payments.

A Reverse Mortgage allows you to supplement your retirement income with extra tax free funds. Use the money any way you choose - after all it's your money.

You can obtain your loan proceeds in a lump sum to cover large expenses or in monthly installments, or as a line of credit to draw on as you need it. You can even choose an immediate cash advance in addition to monthly payments.

There are no income, employment or credit qualifying restrictions. The loan amount is based on your age and the value of your home. The amount you owe can never exceed your property value. The loan is due when you no longer occupy your home as your primary residence .You always retain title to your home. The only requirement is you keep your home in good repair and pay your property taxes and your hazard insurance.

You worked hard to own your home why not let it work for you!

Contact Emma Mitchell, Reverse Mortgage Specialist, to learn more.