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There is no income, medical or complicated credit requirements; there are no payments due ever, until you no longer occupy the home as your primary residence.
Most of grew up with a sound work ethic implanted by our parents, work hard, pay down your mortgage and save toward retirement and while that is sound logic and the fabric of our great country, these are different and often difficult times.
With a reverse mortgage, you do not need to worry about monthly payments, there are none. You do not need to worry about a balloon payment coming due, there will never be one. Furthermore, and most important, you do not need to worry about the bank reprocessing your home, it cannot happen (by law), and you are safe, sound and protected.
As long as you live in the home and it is your primary residence, there will never be a payment due and it will always be your home.
Like to know more? We practice privacy and courtesy. We never call anyone unsolictited, and when we do call, it on your schedule and with your permission. If you’d like to know more, without cost or obligation, please take a moment to fill our or online form so we might better understand your needs.