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A Stated Income Type Program for Senior Citizens

      11/23/2010    

 

We Can Do a Reverse Mortgage Purchase

Refinance OK - No liquid assets required
Must be 62 years of age or older to qualify
Owner occupied / Primary residence
No employment needed to qualify
Credit score is not required
Current mortgage lates - OK
No income needed to qualify
No monthly mortgage payment for the senior after the home is purchased
The reverse mortgage is not due unless the homeowner moves out permanently, sells the home or kicks the bucket
A reverse mortgage can not go into foreclosure as long as the senior lives in the home, -Considered non-recourse loan

Over 20 years of experience in doing Reverse Mortgages.

 

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