Reverse Mortgages - FHA insured, HUD regulated. Financial flexibility you cant get with traditional mortgages, can be a sound financial management tool for retirement.
If the youngest person on title is 62 or older, you live primarily in the residence and you have 50% equity in your home you qualify to:
1)Convert a portion of your equity into tax free monthly payments to you with no repayment ever!
2)Never pay another mortgage payment ever!
3)Receive a line of credit
Help your loved ones maintain thier independant living by planning ahead for reduced monthly income due to declining investments or social security loss following the death of a spouse.
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