Is a Reverse Mortgage right for you?
If you’re 62 or older,(or 60 with one of our exclusive products), own your own home, and would like
to have more money available, a reverse mortgage could be the perfect solution for you!
With a Reverse Mortgage, homeowners 62 and over can access
the equity in their home for any use. The
loan amount is based on home value and homeowner’s age, not
income or credit rating. Proceeds are tax free (check with
your financial advisor) and there are no monthly payments. In
fact, you recieve payments whichever way you specify
(monthly, lumpsum or as a line of credit).
If you want to:
- Pay off existing debt, credit card bills or medical bills
- Pay off an existing mortgage
- Pay for home maintenance or repair
- Have funds for long-term care insurance or investments
- Give financial help to children or grandchildren
- Take a vacation, make home improvements or a special
purchase
…a Reverse Mortgage can be the answer.
Our Loan Advisors can help you determine if a reverse
mortgage is right for you. They can also tell you which
product best suits your financial needs. Just call 1-800-562-6755.
|