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Economic Stimulus Package Includes Reverse Mortgages

The reverse mortgage market is changing rapidly. There is new legislation. FHA REVERSE MORTGAGE LOAN LIMITS FOR 2009-10 are approved which has brought the reverse mortgage loan limits up to $625,500. This may qualify homeowners who did not qualify with the current limits of $417,000. Additional changes include Reverse Mortgages for home purchase, counseling changes, HECM for co-ops and more.

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Find out which reverse mortgage program is right for you

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 (released in December 2007) 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.
  • You can review the full AARP report at the following link: Click Here
  • AARP's comprehensive consumer reverse mortgage guide is called "Home Made Money" click here to download or order.

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), CMT, LIBOR & FIXED RATE.

 

Call 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.

Updated Frequently

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.

National Reverse Mortgage Lender's Association Code of Conduct

NRMLA members must abide by our Code of Ethics & Professional Responsibility The Code outlines core values in Fairness, Confidentiality, Integrity, Diligence, Competence, and Professionalism.

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