Take advantage of Government Insured Reverse Mortgages
Are You Age 62+ and own a Home?
If so, have you ever considered using a Reverse Mortgage?
There are NO Mortgage Payments with a Federally-Insured Reverse Mortgage, HECM (Home Equity Conversion Mortgage).
A Reverse Mortgage is a national program which allows the homeowner access to their equity in the form of cash, monthly income to the homeowner, or a combination of both with the homeowner never making another loan payment for life.
The money the homeowner receives is usually tax-free and does not affect Social Security benefits or Medicare (check with your financial advisor for your circumstances).
There are very minimal credit requirements and no income requirements to qualify, borrowers can even be in foreclosure and still obtain a reverse mortgage.
Use Money for:
This is a privilege only for homeowners who are age 62 or older.
Our Government guarantee's
New higher limit!
Effective February 17, 2009, US Government raised the reverse mortgage limit to $625,500 for the rest of 2009 and 2010. This means borrowes of Reverse Mortgages can get more money than before. If you find that with the current economic circumstances you must do something to protect your way of life, this may be the perfect time for you to consider the federally-insured reverse mortgage (HECM = Home Equity Conversion Mortagge).
At coesterrevse.com we work with the top reverse mortgage lenders in the industry.Please visit the "Our Client" section of the site and find lender that can work for you.
Please send this to your lender.