Improve Your Quality of Life:

The reverse mortgage does not affect Social Security or Medicare.

Comparing which type of reverse mortgage loan makes most sense for you is a simple process. The benefits and options that may be available are based upon your specific situation.

Since qualification is primarily based upon the age of the borrowers, the value of the property and the available equity, we can tell you within minutes how much you might be eligible to receive.

And depending on your needs and qualifications, you can receive your funds in a lump-sum distribution, line of credit, monthly disbursements paid to you, or any combination of these methods!

HECM (Home Equity Conversion Mortgage) for Purchase allows seniors to purchase a new principal residence and to obtain a reverse mortgage within a single transaction. Whether you want to downsize, upgrade or just make change, a reverse mortgage for purchase can help make it happen.

There are two pieces to the purchase transaction:
#1 the amount of money available through the reverse mortgage
#2 the remaining dollar investment you bring to purchase the home.

This could enable you to make your move without having to tap into savings and potentially have extra cash when the purchase transaction is complete.

Additional Reverse Mortgage Benefits include:

• There are no income, medical or credit score requirements*

• You always retain ownership of your home

• There are generally no restrictions on how the proceeds of the loan are used. From paying bills to buying a boat, to travel abroad or visiting the family – it is your money to spend.

• Upon the sale of the property, any and all remaining equity, after repayment of the loan, remains with you and your heirs.

*Non-HECM jumbo reverse mortgage loans have additional requirements

See for yourself how a reverse mortgage can help you enjoy a more comfortable lifestyle. You get to maintain ownership of your home while accessing a portion of your equity to help you on a day-to-day basis.

We would like to help you determine if a reverse mortgage could be the right financial solution for you or your family. Please give us a call and we will answer all your questions.