A reverse mortgage is a government insured loan designed for homeowners 62 or older, which allows them to convert a portion of the equity that has been built up in their home into tax-free cash*.
Benefits--
You maintain the benefits of home ownership.
You may satisfy your financial needs, wants or desires without having to sell your home.
Proceeds from loan do not have to be repaid until you leave the home as the primary residence.
Allows you to maintain your financial independence.
if you still need more information, please call Dave Sievers @ 909 585-3422 or e-mail him, at SieversRELoans@msn.com
*always check with your financial consultant for tax advise.
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