Reverse Mortages

Reverse Mortgage Points

1. For homeowners age 62 or over, a reverse mortgage can provide immediate cash for your present needs and allows you to continue to own your home for the rest of your life with no monthly repayment obligation at all. In fact, there is no repayment required for your lifetime as long as you continue to own and occupy the home. The only requirement is that you maintain the property, pay property taxes and insurance.
    
2. With sufficient equity, if you presently have a mortgage and/or other debts, they can be paid with the proceeds of a reverse mortgage and all monthly debt payments eliminated.  Many seniors who presently have no mortgage have chosen the reverse mortgage because it allows them to convert a portion of their home equity to tax-free cash and preserve their other retirement assets.
    
3. Current rates and fees are at or near historic lows.  Current market conditions have significantly reduced fees making the reverse mortgage an improved option for many seniors.
    
4. The reverse mortgage requires no income or credit qualifying.
    
5. The reverse mortgage is insured by the U.S. Government and provides important consumer safeguards.
    
6. YOU continue to own your home – NOT THE LENDER!  As the owner, you earn any appreciation in the value of the home.  This appreciation in value will likely offset some or all accrued interest.  Your heirs will inherit the home and keep any remaining equity.
    
7. At iReverse Home Loans, we are reverse mortgage experts.  Reverse Mortgages are all we do and we work hard to earn our reputation for honesty and professional excellence.
    
8. Thousands of seniors have discovered that reverse mortgages are a safe and secure financial tool that can assist them in remaining in their home, free of mortgage payments, financially independent with peace of mind knowing that they have the resources to pay for health care, home improvements or simply enjoy life more.
    

iReverse Corp.:  800-486-8786 ext. 790