If you are over the age of 62 and want to continue to live in the home you love or buy another home, we provide a strategy to maximize your cash flow in retirement with a REVERSE MORTGAGE. We provide the federally insured REVERSE MORTGAGE, known as the HOME EQUITY CONVERSION MORTGAGE (HECM). Current FHA limits allow a Maximum Claim amount of $1,149,825 (This is the maximum value on which the loan will be based). We help people like you use their net proceeds when they sell their home to buy their next one with a reverse mortgage or refinance their current home. There are NO MONTHLY MORTGAGE PAYMENTS* required; and the loan balance is not due until the last borrower on title permanently moves out of the home or a repayment event occurs.
*the homeowner is required to live in the home as their primary residence, pay their property taxes and hazard insurance, pay any other property assessments like HOA dues, and keep the home in good repair.