BE IN CONTROL OF
YOUR RETIREMENT
WITH A REVERSE MORTGAGE

IS A REVERSE MORTGAGE FOR YOU?

Are you at least 62-years-old? Do you need to make home repairs or improvements? Do you ever find yourself short of cash? Would it help you financially if you didn't have to pay a monthly mortgage? If you answered “YES" to any of these questions, a reverse mortgage may be the solution for you.

A Reverse Mortgage can be an essential part of your retirement plan. A reverse mortgage can make cash available in a prudent manner so the equity you’ve built up over the years can serve you today and your children tomorrow.

HOW A REVERSE MORTGAGE WORKS

A reverse mortgage can help you get the most out of your retirement years. Before applying, learn how to qualify and take a look at the benefits and risks to be sure it’s the right choice for you.

WHAT DETERMINES THE
AMOUNT YOU CAN BORROW

  1. You must own and occupy your home.

  2. The age of the younger spouse.

  3. Current Interest rates.

  4. The amount you can receive is reduced by the amount you still owe on a mortgage if any.

HOW IT WORKS

There are three things for you to decide before getting a reverse mortgage.

 
how much to borrow.png

1. How much to borrow.

recieve funds.png

2. If you would like to receive your funds in a lump sum, as a line of credit (you draw down on it as needed), tenure (fixed monthly payments for as long as you live in your home), or a combination of these options.

when payback.png

3. How you’ll pay it off if and when you no longer occupy the home.

house-earth-lawn-grass-real-estate-sale.png

YOU DO NOT HAVE TO
MAKE PAYMENTS ON
A REVERSE MORTGAGE

It’s only when you stop occupying your home that the mortgage comes due. You or your heirs have two choices:

OE5ZQ21 [Converted].png

1. Repay the reverse mortgage and keep the home.

forsale.png

2. Sell the home and distribute any money left over after it’s sold.

Reverse Mortgage Calculator

Use our free reverse mortgage calculator to get a free estimate of how much you may potentially qualify for.

FOR MORE INFORMATION
visit our website seniorloans.info

“Bringing decades of experience to the table, we will gladly run the numbers for you, answer any questions you may have, and help you fill out a brief online application.”
- John Hanson, Community West Mortgage

SERVING 10 STATES - AZ: #0951107 CA-DOC: #252980CO: #100514789 ID: #MLO-2080252980 FL: #LO-104173 NV: #63542 TX: #MLO-52980 TX Consumer Disclosure WA: #MLO-252980 UT: #5886762 OR: #MLO-252980