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  Reverse Mortgages

Never Make Another Mortgage Payment

With a Reverse Mortgage, you can eliminate your current mortgage for the rest of your life and even have your home pay you an income every month for the rest of your life. As a homeowner, you have built your wealth in your home. Now is the time to take advantage of your wise and valuable investment! To get approved, apply online.

Who can receive a Reverse Mortgage?

Any homeowner over the age of 62 can apply online. Reverse mortgages are based on your home's equity; there are no income or credit requirements. You can get approved if you have an existing mortgage or if you have no loans at all on your home. You can qualify even if you have late payments and poor credit.

What is a Reverse Mortgage?

Reverse Mortgages are popular for seniors across America. The U.S. Department of Housing and Urban Development (HUD) created one of the first. HUD's Reverse Mortgage is a federally-insured private loan. It’s a safe plan that can give older Americans greater financial security. Many seniors can use it to supplement social security, meet unexpected medical expenses, and make home improvements, payoff existing loans and more. Get stated today.

How does a Reverse Mortgage work?

Homeowners can choose the way they would like to receive their income from their reverse mortgage: in a lump sum, in monthly payments, or any combination of those options. With a reverse mortgage you make no monthly payments, the new mortgage amount you owe will grow over time. At the same time, your home's value will continue to appreciate just the same, increasing your equity that you keep as time progresses.

More Reverse Mortgage facts:

You could never owe more than the home is worth.
You must complete counseling prior to obtaining the loan.
The remaining equity in your home belongs to you and your heirs.
No income or credit requirements to get approved.
Primary residences, owner-occupied properties only.
Improve your quality of life; you can now receive a monthly income.
You are still responsible to pay property taxes, insurance and repairs.
No repayment is required until the borrower(s) no longer live in the home.
The borrower(s) retain title ownership of there home.

Imagine if your current mortgage payment was eliminated forever or if you now could receive a monthly income. Your quality of life would improve and it will help you enjoy everyday life, help a loved one or perhaps pay off rising expenses. A reverse mortgage can give you immediate access to your money now.

Get started today, apply online or call toll free 1-888-342-2080. We can help you learn the facts about how a reverse mortgage could help you.

Featured Article:

Qualify for Home Buying More Easily with FHA Loan Passaic Help

[Posted on January 31]

FHA loan Passaic assistance is available if you need it. Those wishing to purchase a home in Passaic, New Jersey can do so more easily now with FHA loans which provide a number of great benefits. From the minimum down payment of 3.5 percent to the easy credit qualifying, an FHA loan can be the best way for you to more easily purchase a home in Passaic. If you have a dream of homeownership in Passaic, then now is the time to find FHA loan help from FHA123.com.

Whether you have poor credit, don’t feel like you’ve saved up enough for a down payment, or have filed for bankruptcy in the past and feel that home ownership is out of your grasp, it is still possible for you to own a home in Passaic. With FHA loan NJ assistance from FHA123.com, you can more easily apply for and receive the FHA loan which will allow you to achieve your goal of owning a home in Passaic.

Find out if you can qualify for home ownership in Passaic New Jersey with help from FHA123.com. Our FHA loan Passaic experts are available to provide you with guidance and answers to your FHA loan questions. So be sure to find the help you need today. Give us a call today at 800-FHA-1245 or get pre-approved today by filling out the simple form on our website.

 

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