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A Reverse Mortgage may be right for you! :
A Reverse Mortgage is a unique loan program that enables homeowners age
62 and older to access the equity in their home without creating a
monthly payment.
Many senior's homes have appreciated in value while their incomes have
failed to keep up with the rising costs of living. A Reverse Mortgage
enables you to improve your monthly cash flow by tapping into the equity
in your home. And because the money you receive from a Reverse Mortgage
is tax free, it will not affect your Social Security or Medicare
benefits. Best of all, you will live in and retain ownership of your
home without making another mortgage payment for as long as you live
there.
The federal government through the Federal Housing Administration (FHA)
insures the Reverse Mortgage program. * All Reverse Mortgage lenders
calculate your available equity based on age, house value and current
interest rates. The amount of funds you receive is the same no matter
which lender you use. So why not chose your local specialist. * The
personal service we provide is our commitment to serving seniors in
Ocean City, Ocean Pines, Berlin, Salisbury and the entire Eastern Shore
Call us to schedule an in-home consultation or, if you prefer, complete
the on-line analysis form and we will
provide you with a free, no-obligation analysis for your review.
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