A Reverse Mortgage Can
Improve Your Life! Eliminate your mortgage payment and other debts! Do something nice for your kids and grandkids now. Be able to access cash from your hard earned equity in your home to assist them with things like the cost of college or help them purchase their own first home. There are no monthly mortgage payments with this program. The loan is just a lien against your home, that is paid in full with your home equity when you pass away. Depending on appreciation and interest rates, your heirs equity could possibly increase over time. You and your spouse can live in your home the rest of your lives with no mortgage payment! For Example: A homeowner age 75, home value $800,000 with a $100,000 mortgage, can receive:
- $100,000 mortgage paid in full, plus
- Lump Sum $160,000 + Credit Line $177,000 or
- Credit Line of $337,000 or
- Payment to you of $1,784 per month for life, or
- A combination of the above!
Call us at (858) 292-2540 for your best solution!
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