Reverse Mortgage
A Home Equity Conversion Mortgage (HECM) reverse mortgage is a government (HUD) designed and FHA insured loan which allows senior Americans to gain access to a large portion of the equity in their home, use the money for any purpose, and never pay the funds back as long as you keep the home as your primary residence. The title always stays in the name of the homeowner.
Note: REVERSE MORTGAGE might be the option for you.....
- Never make a mortgage payment for as long as you live in your home.
- Social Security and Medicare benefits will not be a affected.
- Still own your home and pass it to your children.
- Money your receive is TAX FREE.
- No credit or income requirements.
Requirements
- Are you 62 years or older?
- Do you own your own property?
- Do you have equity in your home?
- Would you like to supplement your monthly income?
- Would you like to have money for emergencies?
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