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Thinking of a Reverse Mortgage?
If you are at least 62 years of age and own a home you may qualify for a reverse mortgage. It's time you start enjoying your life...Maybe take that vacation you have always been thinking about. A reverse mortgage gives you choices on how to receive your money:
1. Receive one lump sum payment at closing
2. Receive monthly payments for the rest of your life or a combination of both.
For more information on obtaining a Reverse Mortgage...Please call 1-800-334-1458.
What is a reverse mortgage?
It is a home loan similar to a home equity loan except payments are not required. It allows older homeowners to convert home equity into cash.
How safe is a reverse mortgage?
A reverse mortgage is one of the safest mortgages available. Title to the property remains with the homeowners or their trust. There is no obligation to make payments, as long as the home is occupied by the borrower.
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