Reverse Mortgage Home Value Limits Remain at $625,500.
The reverse mortgage market is changing rapidly. There is new legislation. FHA REVERSE MORTGAGE HOME VALUE LIMITS FOR 2014 are approved. The reverse mortgage home value limit is up to $625,500.
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Get Cash Now For the Retirement You Desire.
You can get the cash you need for a worry-free retirement with a Reverse Mortgage. This is a special type of home loan designed to enhance the lifestyles of homeowners over age 62. Regulated by the U.S. Government. Our goal is to provide you with up to date comprehensive information so you can decide for your self if a reverse mortgage is right for your needs.
Reverse Mortgage Fast Facts:
Reverse mortgages can create tax free cash for life
- We pay off your present mortgage
- You travel, pay off debts, enjoy your life
- Pay for medical bills or in home care
- Use the money for anything you choose
- You still own your home
- You never make a loan payment while you live in your home
- You can still pass any residual equity on to your heirs
- The AARP reverse mortgage study makes the following points:
- Reverse mortgages (HECM) have successfully met needs of borrowers who wanted to payoff a mortgage, make a home repair/improvement, improve quality of life, or cover everyday expenses. These were the top four reasons for a reverse mortgage as cited in the study.
- 93% of the HECM borrowers reported that reverse mortgages have had a mostly positive effect on their life.
- AARP's provides information about Reverse Mortgages
Reverse Mortgage Products
Angella Conrard and her team are here to help. We can show you a variety of ways to tap into the equity in your home to create guaranteed tax-free cash, a line of credit or a tax-free lump sum of cash. We shop the lenders for you and committed to giving you the best program available on the market.
We offer all the latest reverse mortgage programs available including but not limited to:
FHA Home Equity Conversion Mortgage (HECM), LIBOR & FIXED RATE. Jumbo Reverse Mortgage
all Angella Conrard now and learn more about how we can help you get the cash you need to live with peace of mind and control of your future.
We designed this website for you. You’ll find updated information, informing you on every aspect of these empowering programs. If you’d like to speak to someone about your unique situation immediately, we are just a phone call away 1-866-949-7030. You'll receive honest objective information on reverse mortgages.