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 You
probably spent many years making payments and building equity
in your home and you don’t want to move, sell it or get
another loan. But, you would like to enjoy a better lifestyle,
or maybe you need money that you don’t have. Reverse
Mortgages allow you to “have your cake and eat it too”,
here’s how:
Requirements to obtain a Reverse Mortgage:
- Age 62 or older. There is no maximum age limit.
- Have equity in your home. It does not have to be paid for.
- There is no income, credit or medical requirements or checks
- There is no upper limit on the value of your home.
The money you receive from a reverse mortgage will be tax-free
and may be used for any purpose: travel, medicine, investment,
monthly income, automobile, vacation home or anything else.
Some advantages of a Reverse Mortgage?
- Converts your home equity into tax-free cash.
- Frees up money to be used for any purpose you want.
- No payments during your lifetime as long as you live in
the home.
- You will not have to move unless you voluntarily choose
to do so.
- The lender cannot take your home if you pay the taxes, keep
it insured and maintain it: things you already do.
- Your income and savings will not be reduced in any way.
- Your money is available as a lump sum, monthly payments
or a combination in most states.
- The amount to be repaid can never exceed the value of your
home but any excess goes to you or your estate.
- You can repay the loan any time: it must be repaid at death
or when you permanently move.
- There are government guidelines that protect you from abuse.
- A large and well-known financial institution is ready to
help you get a Reverse Mortgage
If you're having trouble making ends meet or need money for
other reasons, a Reverse Mortgage could be the answer.
Register below to receive free information about Reverse Mortgages:
No cost & no obligation.
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required.
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