The Benefits of a Reverse Mortgage
- NO MONTHLY PAYMENT
- U.S. GOVERNMENT INSURED (FHA)
- NO CHANGE OF OWNERSHIP
- ESTATE PLANNING - Your home can be inherited by your heirs or estate.
- NO INCOME OR CREDIT REQUIREMENTS
- TAX-FREE CASH - The money you receive is not considered income.
- SOCIAL SECURITY AND MEDICARE BENEFITS WON’T CHANGE
- AUTOMATIC PAY OFF OF ALL EXISTING MORTGAGES AND LIENS
- CASH DISBURSEMENT OPTIONS - Monthly installments for life, credit line, lump sum cash advance, or a combination of any.
- NO REPAYMENT UNTIL HOME IS SOLD OR VACATED.