What is a Reverse Mortgage? A reverse mortgage allows a senior homeowner (62+) to exchange a portion of the equity in their home into a Tax Free Income. No Payments are required for as long as you live and maintain the home as your primary residence. Some of the highlights are: The Tax Free Cash [...]
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Benefits of Reverse Mortgage
Benefits of Reverse Mortgage Receive a lump sum of cash or monthly payments for life. No Income Taxes paid on the cash. Cash can be used however you choose. No income, credit or health qualifications. The HECM Reverse Mortgage is insured by FHA/HUD. No repayment as long as you live in your home. You retain [...]
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