Your reverse mortgage resource center.
Wednesday, March 10, 2010
   

 

 

 

About Reverse Mortgages

Reverse mortgages are a unique type of loan that allows the homeowner to convert the equity in their home into cash. This equity can be paid in several ways depending on the needs of our clients. In one lump sum, a credit line, monthly payments or any combination of the three. The most common reverse mortgage is federally insured by the FHA (Federal Housing Administration) you have the security in knowing that you are fully protected by the regulations set forth by FHA.

Many people choose a Reverse Mortgage so they can gain access to the equity they have paid over their lifetime while the value of their home continues to grow. A few common uses for the extra income is to supplement social security, remodel or make improvements to their home, help pay for sudden medical emergencies and simply to enjoy the retirement you deserve.

Benefits to a Reverse Mortgage:

  • No payments required as long as you live in your home.
  • All proceeds are Tax Free and may be used for any purpose
  • No income or credit qualifying is required.
  • You retain full ownership and control of your home.
  • No prepayment penalty

Click here to apply now!



501 Mission Ave.
Oceanside, CA 92054
Toll-free: 1-800-351-7026
Phone: 760-966-3640
Fax: 760-966-3658