Reverse Mortgages

Reverse mortgages are (also called home equity conversion loans) enable senior homeowners age 62 years or old to tap into their equity without selling their home.

The lender pays you money based on the equity you've accrued in your home; you receive a lump sum, a monthly payment or a line of credit. Repayment is not necessary until the borrower sells the property, moves into a retirement community or passes away. When you sell your home or no longer use it as your primary residence, you or your estate must repay the cash you received from the reverse mortgage plus interest and other finance charges to the lender.

BEFORE YOU GET STARTED , YOU DESERVE ALL THE FACTS .OUR REVERSE MORTGAGE SPECIALIST ARE READY TO PREPARE A NO OBLIGATION CONSULTATION.

CALL OUR REVERSE LOAN HELPLINE TOLL FREE 1-888-342-2080

NEVER MAKE ANOTHER MORTGAGE PAYMENT

You need a Reverse Mortgage that’s best for you - and the right advice. It’s an important decision for you. We know. The experienced and trustworthy mortgage professionals at Regional Home Mortgage and www.FHA123.com will work with you conveniently at your home, office or by phone. We make it as easy as 1-2-3 and the advice is free!

To get approved, apply online.

With a Reverse Mortgage, you can eliminate your current mortgage for the rest of your life and even have your home pay you an income every month for the rest of your life. As a homeowner, you have built your wealth in your home. Now is the time to take advantage of your wise and valuable investment!

Who can receive a Reverse Mortgage?

Any homeowner over the age of 62 can apply online. Reverse mortgages are based on your home's equity; there are no income or credit requirements. You can get approved if you have an existing mortgage or if you have no loans at all on your home. You can qualify even if you have late payments and poor credit.

What is a Reverse Mortgage?

Reverse Mortgages are popular for seniors across America. The U.S. Department of Housing and Urban Development (HUD) created one of the first. HUD's Reverse Mortgage is a federally-insured private loan. It’s a safe plan that can give older Americans greater financial security. Many seniors can use it to supplement social security, meet unexpected medical expenses, and make home improvements, payoff existing loans and more. Get stated today.

How does a Reverse Mortgage work?

Homeowners can choose the way they would like to receive their income from their reverse mortgage: in a lump sum, in monthly payments, or any combination of those options. With a reverse mortgage you make no monthly payments, the new mortgage amount you owe will grow over time. At the same time, your home's value will continue to appreciate just the same, increasing your equity that you keep as time progresses.

More Reverse Mortgage facts:

• You could never owe more on the reverse mortgage than the home is worth.

• You must complete counseling prior to obtaining the loan.

• The remaining equity in your home belongs to you and your heirs.

• No income or credit requirements to get approved.

• Primary residences, owner-occupied properties only.

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• You are still responsible to pay property taxes, insurance and repairs.

• No repayment is required until the borrower(s) no longer live in the home.

• The borrower(s) retain title ownership of there home.

Imagine if your current mortgage payment was eliminated forever or if you now could receive a monthly income. Your quality of life would improve and it will help you enjoy everyday life, help a loved one or perhaps pay off rising expenses. A reverse mortgage can give you immediate access to your money now.

Get started today, apply online or call toll free 1-888-342-2080. We can help you learn the facts about how a reverse mortgage could help you.

Reverse mortgages are ideal for homeowners who are retired or no longer working and need to supplement their income. Interest rates can be fixed or adjustable and the money is nontaxable and does not interfere with Social Security or Medicare benefits. Your lender cannot take property away if you outlive your loan nor can you be forced to sell your home to pay off your loan even if the loan balance grows to exceed property value.