Reverse Mortgages

Make the most of your retirement with a reverse mortgage in your financial planning tool box.

A reverse mortgage can help you:

Reverse Mortgage loan qualifications:

Borrowers must be at least 62 years old.
Current home must be a primary residence.
Own your home free and clear or refinance the mortgage balance with a reverse mortgage loan.

Reverse Mortgage loan benefits:

Enable senior homeowners to convert their home equity into cash to be used for any purpose.
You always retain title to your home. Once the home is no longer your primary residence you can sell it and the remaining equity goes to you or your heirs.
Proceeds are tax free.

Disclaimer:

This material has not been reviewed, approved or issued by HUD, FHA or any government agency. The homwowner is responsible for property taxes, homeowners insurance, and property maintenance. A home equity conversion mortgage is a home secured loan and must be repaid from either the sale of the house or other assets, at the borrower's choice.
The Mortgage Firm Inc. 921 Douglas Avenue, Suite 200, Altamonte Springs, Florida 32714. TheMortgageFirm.com

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