Freedom to Chooses to Access Your Equity!

October 1, 2019

 

Turn your home equity into tax-free* cash. 

*This advertisement does not constitute tax advice. Please consult a tax advisor regarding your specific situation.

 

If you currently have a monthly mortgage payment, you can eliminate that expense with a reverse mortgage (must still pay taxes, insurance and maintenance).

 

What are the qualifications? 

 

One borrower must be 62 years or older: 
• Purchased home is required to be your primary residence
• New property must be: single– family home, 2-4 unit dwelling or FHA– approved condo
• For a home purchase, you must have an adequate down payment* for your new home based on your age
• No credit score requirements, some income and credit qualifications apply to make sure you have the ability to pay taxes and insurance.

*The required down payment on your new home is determined on a number of factors, including your age (or eligible non-borrowing spouse’s age, if applicable); current interest rates; and the lesser of the home’s appraised value or purchase price.

 

Access your equity. 

 

A reverse mortgage can offer you access to your equity in four different ways:
• Lump Sum
• Line of Credit
• Tenure
• Term

 

DOWNLOAD THE "WHAT TO EXPECT AT YOUR FIRST REVERSE MORTGAGE LOAN APPOINTMENT BROCHURE

 

Register for one of Joan Qvigstad’s Reverse Mortgage Seminars and learn if a reverse mortgage is right for you!


You can call her at 360-271-5946 or register online at : www.reversemortgagewithjoan.com.

 

 

 

 

 

 

Share on Facebook
Share on Twitter
Please reload

Featured Posts

How A Reverse Mortgage Loan Could Help Protect You And Your Home In Uncertain Times

April 3, 2020

1/7
Please reload

Recent Posts
Please reload

Archive
Please reload

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square