Friday, November 21, 2008  Login 

 
RECEIVE TAX FREE INCOME 
FOR THE REST OF YOUR LIFE.

 

1. You always retain ownership of your home. 
2. No re-payment is due as long as you live in your home. 
3. No out of pocket money to close the loan. 
4. Money is tax free and will not affect SSI payments. 
5. Easy to qualify for. The only criteria is (a) Age of applicants no credit or income qualifications (b) Value of Property (c) Current Int. Rates 
6. Money is available as a lump sum, as monthly payments,interest earning line of credit or a combination of all three. 
7. FHA Counseling Certificate is required. For consumer protection. 
8. Loan is FHA insured against default of the lender 
9. Interest rate accrues as adjustable rate either monthly or annually. 
10. No assets other than the Fair Market Value of the Property are used to repay this loan.

Home Equity Conversion Mortgage - HECM Reverse Mortgage takes about 45days from start of application to close. Start by getting your counseling certificate Today !!

 

 

 

 
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