Seniors Report High Satisfaction with Their Reverse Mortgages
Is a Reverse Mortgage Right for You?
Qualifying is Easy
ABOUT REVERSE MORTGAGES
- Monies received are tax-free* and can be used at the homeowners discretion.
- These funds can be taken out as a lump-sum advance or monthly payment.
- These funds can be used as a line-of-credit with an annual growth rate allowing homeowners to draw tax-free cash in any amount for a worry-free retirement.
- One of the safest mortgages for baby boomers and seniors.
- Homeowners can receive up to 75% of the value of your home
- Can be used to purchase a home
The amount of your tax-free cash* is calculated based upon a combination of three (3) important factors:
1. age of the youngest borrower
2. the value of your home
3. The interest rate at the time you begin your reverse mortgage.