Reverse Mortgages

REVERSE MORTGAGE LOANS

REVERSE MORTGAGE  KEY POINTS

YOU MAINTAIN 100% OWNERSHIP  OF YOUR HOME
YOU MUST PAY THE TAXES AND HOME INSURANCE

YOU DECIDE HOW TO USE YOUR MONEY
YOU CHOOSE THE WAY TO RECEIVE YOUR MONEY EITHER BY LUMP SUM, CREDIT LINE, PAID TO YOU MONTHLY (You Receive a check monthly)
OR A COMBINATION OF THE CHOICES ABOVE

YOU NEED NOT OWN YOUR HOME FREE AND CLEAR
MUST PAYOFF THE EXSISTING LIENS WITH THE PROCEEDS FROM THE NEW REVERSE MORTGAGE

YOU MUST BE AT LEAST 62 YEARS OF AGE

"These materials are not from HUD or FHA and were not approved by HUD or a goverment agency."