Many senior's are looking for a way to supplement their income. If this is you, a reverse mortgage might be a good option for you. Reverse mortgages let you to tap into equity that is trapped in your home, by allowing you to take either a monthly payments or a lump sum payment. You are still the owner of the home and never have to worry about paying back any money as long as you live in the home. Some think it’s too good to be true, but tens of thousands of seniors take advantage of this government backed loan. Now is the chance to use your home to make your golden years the best years of your life!
A reverse mortgage is a loan taken out based solely on your home’s equity. It’s not a home equity loan due to the face that it’s not based on your credit or your income. The best part is you don’t have to make any payments with a reverse mortgage like you do with a regular mortgage. Think of a reverse mortgage as a home equity loan minus the monthly payments - The only thing you need to qualify is the equity in your home and be over 62 years old.
We are based in Redding, CA and are licensed throughout the United States.
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