Making a Reverse Mortgage Work for you.
Senior Equity Lines of Credit
& Reverse Mortgages
Common Uses of the Senior Home Equity Program:
. Receive monthly income
. Payoff existing mortgage-No more monthly payments-ever!
. Afford home healthcare and assistance
. Home repairs and improvements
. Protect heirs from Medicaid state recovery
. Charitable and family gifting
A Reverse Mortgage “is” a Home Equity Loan that:
. Requires no income or credit verification
. Offers an attractive interest rate– app. 5%
. Requires no repayment until the house is sold
A Reverse Mortgage “is a loan that”
. Never impacts Social Security payments
. Never give up the title or pay taxes on income
. Never owe more than the value of the house
. Never have any restrictions on how funds are received or used
. Never have to move or make monthly payments
Do you know someone 62 or older that owns thier own home and is looking to improve thier quality of life. You may be able to help them...