If you are looking for up to date reverse mortgage information please visit our website
http://www.reversemortgagelendersdirect.com
Sunday, 1 May 2011
What is a Reverse Mortgage
Reverse Mortgage is a federally backed mortgage program specifically designed for those over the age of 62. These programs are currently helping over 100,000 seniors per year, so dont think you are alone in this search for a comfortable retirement.
Reverse Mortgages
Reverse Mortgages
- You can stay in your home
- No mortgage payments ( the bank pays you)
- No credit score or income required
- Receive monthly income, lump sum, or a credit line
Reverse mortgage lenders will consider approving you a loan if you own a home, are over 62 years of age, and have equity in your home .
To calculate how much you can receive ----> reverse mortgage calculators
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