Reverse Mortgage Home Equity Loan- The HomeSafe Second

senior couple sitting on floor of kitchen looking at laptop

The HomeSafe 2nd Reverse Mortgage, a type of home equity loan, is the ONLY second lien reverse mortgage loan. It’s designed specifically for seniors, offering a unique way to tap into the value of their homes. Keep your regular mortgage AND get a lump sum of cash with no additional monthly mortgage payments. Understanding Home…

Retirement is a significant milestone, and for many seniors, maintaining a comfortable lifestyle requires strategic financial planning. One powerful tool that can help achieve this goal is a home equity loan. It will behoove you to explore how home equity loans for seniors can be an excellent option to enhance retirement living, providing financial flexibility…

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Licensing

Numbers:
Office: (800) 806-1472
Toll Free: (800) 806-1472
Fax: (541) 253-4370

Email:
info@nwreverse.com

Contact Us

Northwest Reverse Mortgage
13220 SE 172nd Ave
Ste #172
Happy Valley, OR 97086
Phone: (503) 427-1667

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Northwest Reverse Mortgage powered by Amerifund NMLS #347051. Equal Opportunity Mortgage Broker. Credit on approval. Terms subject to change without notice. Not a commitment to lend. Contents not provided by, or approved by FHA, HUD or any other government agency. All potential tax benefits should be verified with a professional licensed tax advisor. NMLS Consumer Access

At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds; charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees; the loan balance grows over time and interest is charged on the outstanding balance; the borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home; interest on a reverse mortgage is not tax deductible until the borrower makes partial or full re-payment.

Reverse Mortgage Home Equity Loan- The HomeSafe Second

Posts Tagged ‘Home Equity Loans for Seniors’