The Reverse Mortgage At A Glance

Borrower Requirements:

·         Must be at least 62 years of age

·         Must live in the home as a Primary Residence

·         Must have Equity in your home

Facts:

·         No Income Qualification

·         No Payments

·         Loan proceeds are Tax-Free

·         Borrowers Retain Title to the Property

·         No Restrictions on Use of Funds

·         Guaranteed No Debt Left to Heirs or Estate

Benefits:

·         Supplement Income

·         Hire In-Home care

·         Buy a Car

·         Update Your Home

·         Eliminate a Car Payment

·         Stay in Your Home For Life