Benefits of Reverse Mortgage
What would you do with the money from a Reverse mortgage…….
Never pay another mortgage payment again?
Receive monthly income up to $4000 – TAX FREE?
Take it all as a lump sum of cash to use for whatever you like?
Buy a second home?
Open a credit line to use the cash when you want to with no monthly payment?
Save your home from foreclosure or short sale?
Or a combination of any of the above
What is a Reverse Mortgage?
A reverse mortgage is a loan available to people over 62 years of age that enables a borrower a way to turn the equity locked in your home into tax free cash without having to make any monthly mortgage payments. The funds you receive can be used for almost anything including paying off your existing mortgage (required as part of the loan), eliminating credit card debt, medical and other bills, or simply improving your lifestyle.
A reverse mortgage with The Cal Mutual is a government insured loan that enables seniors to gain financial independence from their ever increasing living expenses. And the best part -- you continue to own your home and you’re not required to pay back the loan until the home is sold or otherwise vacated. As long as you live in the home, you are not required to make any monthly payments towards the loan balance, but you must remain current on your tax and insurance payments.
How Do I Qualify?
It's simple and easy - qualifying depends on these important factors:
You must be age 62 years or older, and Live in and own your home (must be your principal residence)
More than half a million Americans have already discovered the benefits of a reverse mortgage. Above is a chart showing the extraordinary growth and acceptance of Home Equity Conversion Mortgages (Reverse Mortgages) since 2001.
Why don’t you call to find out more and exactly what you qualify for or fill out this quick form and get a quote immediately:
Our Happy Clients
"I wanted to let you know how impressed I was with the job everyone did at your company. I have refinanced several times in the past and usually pick the company that has the lowest rates. Of course I did the same when I chose your company. However, this time I received great service to go with the low rate."
"I just wanted to thank you for constantly following up with me. The last time I refinanced it seemed as if I always had to follow up with the mortgage company. Thanks for staying on top of everything and keeping things moving forward."
"Your company was so much more professional than the last mortgage company I used. Every question I asked was answered honestly and accurately. I would recommend you to anyone."