You need money. You need it badly. At 65, however, you don’t have the stamina to stomach the inconvenience a long-term loan would require. So, what do you do? You tap into the value of your home and convert it into cash! This is possible through reverse mortgage. Reverse mortgage lenders let you borrow money against your own property.
The Reverse Mortgage Association: Answers For Seniors
The National Reverse Mortgage Lenders Association was established in 1997 to provide a variety for services for both those wishing to take advantage of reverse mortgages on their homes and lenders wishing to finance reverse mortgages.
Reverse Mortgage: Loan For The House-rich But Cash-poor
Do you need to finance a home improvement? Pay off a current mortgage? Supplement your retirement income? Take care of healthcare expenses? If so, a reverse mortgage lender will do wonders for you. With a reverse mortgage, you can turn the value of your home into cash without having to repay your loan each month.
Reverse Mortgage Information – Who Qualifies For Reverse Mortgages
Reverse mortgages can be a great solution for seniors who wish to remain in their home but are having difficulty making their monthly payments and meeting other financial obligations.
Reverse Mortgage Lenders
You’ve made the decision that you need some extra assistance in meeting your monthly financial obligations. One of the best options for those over sixty-two years of age who own their own home is a reverse mortgage.
California Reverse Mortgage Loans Unlocks Home Equity For Seniors
California reverse mortgage loans allow seniors to use home equity for any use. Reverse mortgage loan repaid when home is sold or when it is no long principal residence.