Reverse Mortgage Purchase Available

Nothing too special about this loan program; most lenders have it to offer and they're pretty much the same in term of guidelines, so forth. It's a great loan for senior citizens though.

Refinance OK - No liquid assets required

Contact a Loan Officer

Name
Invalid Input

Email
Invalid Input

Phone
Invalid Input

Comments
Invalid Input

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 cannot 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.

 

#654bm654