A federally insured HECM reverse mortgage loan can help you unlock that equity by increasing your monthly cash flow. Rest easy knowing you’re protected because with a reverse mortgage loan you can:
- Access the equity in your home and stay in your home as long as you want. However, if you move, pass away or fail to pay property taxes or home owners insurance or otherwise fail to comply with the loan terms then you could be forced to sell your home or repay the loan.
- Establish a line of credit that never expires so long as you have the HECM. And when you tap into the line of credit, you are still not required to make monthly payments.
- Have a financial tool where you can begin gifting equity in your home to your heirs now, while you are still alive to see the joy in their faces.
- You can own the home and even sell it in the future; you just have to pay off what you owe.
Speak with one of our professionals today and learn how you can make the most of a reverse mortgage loan.
If you're ready to get started on your reverse mortgage loan - apply now.
These materials are not from HUD or FHA and were not approved by HUD or a government agency.
